Janus Henderson price target raised to $49 from $46 at Evercore ISI

Evercore ISI raised the firm’s price target on Janus Henderson (JHG) to $49 from $46 and keeps an In Line rating on the shares. Q4 beat on a better top-line, driven by performance fees, partially offset by higher-than-expected expenses, the analyst tells investors. Following the report, the firm’s FY25 and FY26 EPS estimates go to $3.69 and $4.22 from $3.63 and $3.98, respectively.