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.
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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