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Fly News Breaks for April 2, 2015
JNS
Apr 2, 2015 | 07:49 EDT
JPMorgan says Janus Capital portfolio manager Bill Gross had an "excellent" March and a "solid" Q1 with his Unconstrained fund up 102 basis points in 2015. In addition, the firm believes Janus's acquisition of VelocityShares is paying early dividends. JPMorgan raised its price target for Janus Capital shares to $20.50 from $19.50 and keeps an Overweight rating on the name.
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