J.P. Morgan Maintains Neutral on Jones Lang LaSalle (JLL)

J.P. Morgan is out with its report today on Jones Lang LaSalle (NYSE: JLL), maintaining Neutral.

In a note to clients, J.P. Morgan writes, "While JLL is poised to see its EPS continue to benefit from an upswing in global commercial real estate fundamentals, we rate the shares Neutral as we believe CB Richard Ellis (NYSE: CBG) represents a more compelling investment opportunity in our coverage universe at this time."

J.P. Morgan has a $114 PT on JLL.

Shares of JLL closed Tuesday at $107.00, up 0.62% from Monday's close.