Jones Lang LaSalle (JLL) PT Lowered to $356 at Jefferies

Jefferies analyst Joe Dickstein lowered the price target on Jones Lang LaSalle (NYSE: JLL) to $356.00 (from $359.00) while maintaining a Buy rating.

The analyst comments "Capital Markets and Leasing led the way this quarter, while Real Estate Management Services missed consensus expectations. JLL is in the process of exiting property management contracts in Asia Pacific as they do not meet profitability goals. This is expected to weigh on REMS top-line growth through 1H26. On the bright side, JLL raised its FY25 EBITDA guide by +2.7% at the midpoint. Reiterate Buy."

You May Also Be Interested In

• Bernstein SocGen Group Starts Terawulf Inc. (WULF) at Outperform
• Darling Ingredients receives US patent for blood glucose collagen peptide
• BTIG Upgrades Medtronic, Inc. (MDT) to Buy