LendingTree price target raised to $68 from $65 at JPMorgan

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.”