Wolfe Research upgraded JLL (JLL) to Outperform from Peer Perform with a $353 price target JLL benefits from capital markets comps and improved disclosure supports multiple expansion, while sector tailwinds from potential deregulation and tax reform may accelerate its earnings growth, the analyst tells investors in a research note. The firm says that while high long-term rates raise transaction concerns, tightening credit spreads offer support. It sees strong earnings growth ahead for JLL.
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Read More on JLL:
- JLL, Slate Asset Management announces technology joint venture
- JLL price target raised to $318 from $302 at Jefferies
- Jones Lang LaSalle Reports Strong Q3 2024 Growth
- JLL reports Q3 adjusted EPS $3.50 vs. $2.19 last year
- Jones Lang Lasalle (JLL) Q3 Earnings Cheat Sheet
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
