Northland analyst Mike Grondahl lowered the firm’s price target on LendingTree (TREE) to $70 from $80 and keeps an Outperform rating on the shares. LendingTree reported “strong” Q4 results, says the analyst, who cites lower valuation multiples across the sector for the firm’s reduced price target
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Read More on TREE:
- LendingTree price target lowered to $60 from $85 at Needham
- Closing Bell Movers: MongoDB down over 20% after soft Q1 guidance
- LendingTree reports Q4 EPS (39c) vs. $1.16 last year
- LendingTree sees Q1 revenue $317M-$325M, consensus $279.17M
- LendingTree sees FY26 revenue $1.275B-$1.33B, consensus $1.16B