JLL price target raised to $268 from $246 at Raymond James

Raymond James analyst Patrick O’Shaughnessy raised the firm’s price target on JLL to $268 from $246 and keeps a Strong Buy rating on the shares. U.S. capital markets activity was up modestly in Q2, growing 2% year over year, according to MSCI Real Capital Analytics, a meaningful improvement from a 12% decline last quarter and snaps a streak of seven consecutive quarters of y/y declines in capital markets activity, the analyst tells investors in a research note.