Jefferies analyst John Janedis says the core business of Eros International is intact following the company's Q2 results. The market is not giving Eros credit for the value of its film library and potential of Eros Now with the stock down 75% since the Q1 earnings report, Janedis tells investors in a post-earnings research note. Investors on the call were entirely focused on management's response to questions regarding the company's accounting practices, the analyst contends. To reflect lower estimates for Eros Now, Janedis cut his price target for shares to $21 from $40. He keeps a Buy rating on the name.