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Fly News Breaks for April 9, 2018
JHG
Apr 9, 2018 | 06:53 EDT
As previously reported, BofA/Merrill downgraded Janus Henderson Group to Underperform from Neutral and cut its price target to $32 from $40. Analyst Michael Carrier believes Janus Henderson's organic growth outlook will be pressured by its relative positioning in Europe and regulatory backdrop there, which will result in cost pressures.
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