Morgan Stanley analyst Michael Cyprys raised the firm’s price target on Janus Henderson (JHG) to $48 from $46 and keeps an Equal Weight rating on the shares. For the asset manager group, the firm raised Q4 EPS estimates by 0.7% on average, driven by higher asset under management levels given better markets and flows. The firm notes its forecasts are 5% above Q4 consensus estimates, but thinks it is likely consensus “has yet to mark to market” for the quarter.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on JHG:
- Trian exits Disney stake, takes new position in Ferguson
- Janus Henderson price target raised to $44 from $42 at Deutsche Bank
- Janus Henderson price target raised to $42 from $40 at Deutsche Bank
- Janus Henderson price target raised to $50 from $46 at TD Cowen
- Janus Henderson Reports Strong Q3 2024 Financial Results
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
