PIMCO to Bleed as Much as $60 Bilion Amid Gross Exit

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Jefferies Upgrades Janus Capital (JNS) to Buy

October 1, 2014 6:41 AM EDT

Jefferies upgraded Janus Capital (NYSE: JNS) from Hold to Buy with a price target of $17.00 (from $12.50).

Analyst Daniel Fannon said, "The addition of Pimco's co-founder and CIO, Bill Gross, we believe will jump start positive organic growth at JNS and lead to greater... More