JPMorgan initiated coverage of Janus Living (JAN) with an Overweight rating and $26 price target The shares are well positioned to deliver “outsized” internal and external growth compared to the overall real estate investment trust group, the analyst tells investors in a research note. JPMorgan expects the company’s near-term internal growth to be in the low-double digits, roughly 3-4 times what it forecasts for the overall REIT group.
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