Keefe Bruyette & Woods Raises Its PT On Jones Lang Lasalle To $100

Jones Lang Lasalle JLL recently beat earnings estimates. The beat was driven by lower-than-expected expenses. JLL's operating margin increased to 12.9% from 8.7% in 3Q. Revenue growth of 17% YoY was driven by capital markets and leasing activity. KBW is increasing its EPS estimates and raising the PT to $100 from $85. It maintains its Market Perform rating. JLL closed Monday at $97.59