JPMorgan analyst Melissa Wedel raised the firm’s price target on LendingTree (TREE) to $68 from $65 and keeps an Overweight rating on the shares following the Q4 report. The company beat estimate and its fiscal 2025 outlook reflects revenue growth driven by positive trends across all three segments for the first time in years, the analyst tells investors in a research note. The firm says the Q4 “across-the-board beat vs. estimates and guidance are undoubtedly positive.”
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Read More on TREE:
- LendingTree price target lowered to $66 from $73 at Keefe Bruyette
- LendingTree Reports Strong Q4 2024 Earnings Growth
- Closing Bell Movers: MongoDB, Marvell Technology down double digits
- LendingTree reports Q4 adjusted EPS $1.16, consensus 53c
- LendingTree sees Q1 revenue $241M-$248M, consensus $247.74M
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