TD Cowen downgrades Janus Henderson Group (JHG) to a Hold
TD Cowen analyst William Katz downgraded Janus Henderson Group to a Hold on December 19 and set a price target of $49.00. The company’s shares closed yesterday at $46.02.
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According to TipRanks, Katz is a 5-star analyst with an average return of 12.5% and a 64.54% success rate. Katz covers the Financial sector, focusing on stocks such as Affiliated Managers, AllianceBernstein, and Franklin Resources.
In addition to TD Cowen, Janus Henderson Group also received a Hold from Evercore ISI’s John Dunn in a report issued yesterday. However, on December 10, Bank of America Securities maintained a Buy rating on Janus Henderson Group (NYSE: JHG).
Based on Janus Henderson Group’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $700.4 million and a net profit of $142.1 million. In comparison, last year the company earned a revenue of $624.8 million and had a net profit of $27.3 million
Read More on JHG:
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- Hold Rating Maintained as Modest Take‑Private Premium Offers Liquidity but Limited Upside for Public Shareholders
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- Janus Henderson price target lowered to $49 from $50 at Evercore ISI
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