Truist raised the firm’s price target on LendingTree (TREE) to $78 from $76 and keeps a Buy rating on the shares. The company’s stronger Q1 results and better outlook keep the firm positive on the stock as it sees scale, diversified revenue base, and valuation providing an attractive mix in the ongoing recovery in insurance, the analyst tells investors in a research note.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TREE:
- LendingTree reports Q1 EPS $1.22, consensus $1.47
- LendingTree sees Q2 revenue $305M-$325M, consensus $309.71M
- LendingTree raises FY26 revenue view to $1.3B-$1.35B from $1.275B-$1.33B
- TREE Upcoming Earnings Report: What to Expect?
- LendingTree: Market Overreaction Creates Compelling Buy as Structural Moats and Diversified Growth Offset AI and Rate Fears