Truist raised the firm’s price target on LendingTree (TREE) to $62 from $60 and keeps a Buy rating on the shares. The company’s stronger than expected results in Q2 and outlook keep the firm constructive on the stock as it sees LendingTree’s scale, well diversified revenue base and valuation providing an attractive play on the ongoing recovery in Insurance and over time in the Home and Consumer segments as rates normalize, the analyst tells investors in a research note.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TREE:
- LendingTree’s Earnings Call Highlights Strong Growth and AI Focus
- Lendingtree’s Strong Performance and Promising Outlook: Buy Rating with Increased Price Target
- LendingTree Inc. Reports Strong Q2 2025 Growth
- LendingTree sees FY25 revenue $1B-$1.05B, consensus $1.01B
- LendingTree reports Q2 adjusted EPS $1.13, consensus 98c
