JLL price target raised to $318 from $302 at Jefferies

Jefferies analyst Peter Abramowitz raised the firm’s price target on JLL (JLL) to $318 from $302 and keeps a Buy rating on the shares. Despite strong Q2 results, the stock had a muted reaction following a spike in the 10-year following Tuesday’s election results, notes the firm, which thinks “this is missing the forest for the trees.” A pro-business, anti-regulation environment will likely support an even stronger capital markets recovery, the analyst tells investors.