In a report published Wednesday, Bank of America reiterated its Buy rating on Jones Lang LaSalle JLL, and raised its price target from $95.00 to $105.00.
Bank of America noted, “JLL is positioned as one of the industry leaders in the commercial real estate services market. We believe JLL gained share during the downturn and is outperforming the market in a multi-year recovery in global commercial real estate. JLL also generates healthy incremental EBIT margins.”
Jones Lang LaSalle closed on Tuesday at $91.84.
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