Truist raised the firm’s price target on LendingTree (TREE) to $76 from $72 and keeps a Buy rating on the shares. The company’s stronger Q4 results and better outlook for Q1 and FY26 are keeping the firm constructive on the stock, the analyst tells investors in a research note. Truist adds that LendingTree’s well diversified revenue base and valuation provide an attractive play on the ongoing recovery in Insurance and over time in the Home and Consumer segments as rates normalize.
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Read More on TREE:
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- LendingTree reports Q4 EPS (39c) vs. $1.16 last year
- LendingTree sees Q1 revenue $317M-$325M, consensus $279.17M
