By: Benzinga
UPDATE: Credit Suisse Downgrades Janus Capital Group to Underperform on EPS Risk
Credit Suisse downgraded Janus Capital Group (NYSE: JNS ) from Neutral to Underperform. Credit Suisse commented, "Downgrading rating to Underperform and estimate 10% downside to 2014 EPS: Driven by our assumption that (1) net flows will only improve to -$9B/-$7B in '13/'14 from -$12B in '12 despite the
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