Man Group rises; JP Morgan upgrades stock, hikes PT
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** Man Group gains 4.2% to 216.6p; top gainer on FTSE mid-cap ** JP Morgan upgrades to "overweight" from "neutral"; hikes PT to 256p from 209p** Expects to see material improvement in British hedge fund's fee generation in 2026 if co can maintain positive performance in its strategies** Says following significant drawdown in performance of trend following strategies in H1 FY25, co managed to turn around performance in H2 2025** Stock rated "buy" on avg; median PT is 240p, per data compiled by LSEG** YTD, EMG falls 3.08%
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