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Fly News Breaks for May 16, 2018
JLL
May 16, 2018 | 07:12 EDT
After hosting management for investor meetings, Barclays analyst Ross Smotrich raised his price target for Jones Lang LaSalle to $184 from $179 and reiterates an Overweight rating on the shares. The analyst believes that the company should continue to benefit from its global scale, an "ever-expanding" suite of services and a growing proportion of recurring/non-transactional revenue. He sees "ample revenue opportunity" for Jones Lang LaSalle with existing clients.
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