On Nov 01, major Wall Street analysts update their ratings for $LendingTree (TREE.US)$, with price targets ranging from $58 to $78.
Oppenheimer analyst Jed Kelly maintains with a buy rating, and adjusts the target price from $65 to $70.
Needham analyst Mayank Tandon maintains with a buy rating, and adjusts the target price from $67 to $78.
Truist Financial analyst Youssef Squali maintains with a buy rating, and sets the target price at $70.
SIG analyst James Friedman maintains with a hold rating, and adjusts the target price from $27 to $58.
KBW analyst Ryan Tomasello maintains with a buy rating, and adjusts the target price from $71 to $73.
Furthermore, according to the comprehensive report, the opinions of $LendingTree (TREE.US)$'s main analysts recently are as follows:
LendingTree's third-quarter EBITDA surpassed consensus estimates by 9%, and it is anticipated that the insurance marketing cycle will extend over the next 18 months. This situation is expected to enable the company to produce robust free cash flow and optimize its capital structure in line with its desired leverage ratio.
LendingTree's third-quarter results surpassed expectations, both regarding revenue and earnings, underpinned by strong performance in the insurance sector, which is contributing to notable growth and profitability improvements. The company presents a favorable risk-reward scenario, especially for small-cap investors seeking a stake in a diversified financial services marketplace.
Here are the latest investment ratings and price targets for $LendingTree (TREE.US)$ from 5 analysts:
Note:
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