Janus Henderson Is A ‘Turnaround Story’ With Growing Suite Of Fixed Income ETFs: Analyst
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Janus Henderson Group PLC (NYSE:JHG) is a turnaround story in traditional asset management.
The firm’s management is taking several steps to leverage its “strong balance sheet to acquire new capabilities and distribution,” according to JPMorgan.
The Janus Henderson Group Analyst: Analyst Kenneth Worthington upgraded the rating for Janus Henderson Group from Neutral to Overweight, while raising the price target from $44 to $53.
The Janus Henderson Group Thesis: The company reported fourth-quarter adjusted revenue of $568 million, up 16% sequentially and 25% year-on-year, “driven …
Full story available on Benzinga.com
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