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J.P. Morgan Sticks to Its Buy Rating for Jones Lang Lasalle (JLL)

Tipranks - Tipranks - Thu Jun 4, 7:40AM CDT

J.P. Morgan analyst Anthony Paolone maintained a Buy rating on Jones Lang Lasalle yesterday and set a price target of $403.00. The company’s shares closed yesterday at $295.99.

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Paolone covers the Real Estate sector, focusing on stocks such as Kilroy Realty, CBRE Group, and Colliers International Group. According to TipRanks, Paolone has an average return of 2.4% and a 53.19% success rate on recommended stocks.

Jones Lang Lasalle has an analyst consensus of Strong Buy, with a price target consensus of $402.20.

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Based on Jones Lang Lasalle’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $6.39 billion and a net profit of $159 million. In comparison, last year the company earned a revenue of $5.75 billion and had a net profit of $55.3 million

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