Evercore ISI raised the firm’s price target on Janus Henderson (JHG) to $50 from $48 and keeps an In Line rating on the shares. Janus Henderson delivered a solid Q3 beat with strong top-line results and highest investment gains, marking its sixth consecutive quarter of organic growth, the analyst tells investors in a research note. The firm added that, while operational results are encouraging and suggest the company is on a positive trajectory, the outcome of the Trian/General Catalyst proposal remains a key focus for investors.
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