UBS Maintains Buy on Jones Lang LaSalle, Lowers Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Alex Kramm has maintained a Buy rating on Jones Lang LaSalle (NYSE:JLL) but has reduced the price target from $210 to $200.
November 22, 2023 | 5:14 pm
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NEUTRAL IMPACT
UBS has maintained a Buy rating on Jones Lang LaSalle but lowered the price target from $210 to $200.
While the reduction in price target could suggest a slightly less optimistic outlook on JLL's future stock performance, the maintenance of a Buy rating indicates that UBS still sees positive potential in JLL's stock. This mixed signal could lead to a neutral short-term impact on the stock price as investors digest both the continued confidence and the lowered expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100