Northland raised the firm’s price target on LendingTree (TREE) to $80 from $60 and keeps an Outperform rating on the shares. Following a “solid” Q2 earnings performance and guidance raise, the firm argues that potential Fed rate cuts in the second half of the year could serve as a significant catalyst for the Mortgage segment and sees LendingTree taking advantage of ongoing tailwinds from lower interest rates.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TREE:
- LendingTree Secures $475 Million Loan Facility
- LendingTree price target raised to $62 from $60 at Truist
- LendingTree’s Earnings Call Highlights Strong Growth and AI Focus
- Lendingtree’s Strong Performance and Promising Outlook: Buy Rating with Increased Price Target
- LendingTree Inc. Reports Strong Q2 2025 Growth