Breaking Finance News

BWS Financial issued a report on LendingTree (NASDAQ:TREE), stepping up its target to $194.00 earlier today

Only yesterday LendingTree (NASDAQ:TREE) traded -1.22% lower at $250.20. TREE’s 50-day average is $239.32 and its two hundred day average is $185.26. With the last stock price close up 37.40% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.03% over the same period. Trading volume was down over the average, with 5,708 shares of TREE changing hands under the typical 182,980

Stating a potential downside of -0.22%, BWS Financial upped the price target of LendingTree (NASDAQ:TREE) to $194.00

See Chart Below

LendingTree (NASDAQ:TREE)

With a total market value of $0, LendingTree has 52 week low of $75.05 and a 52 week high of $262.55 with a PE ratio of 118.84 .

A total of 10 equity analysts have released a ratings update on TREE. 3 firms rating the stock a strong buy, seven analysts rating the company a buy, zero brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $123.50.

About LendingTree (NASDAQ:TREE)

LendingTree, Inc. (LendingTree) is engaged in operating an online loan marketplace for consumers seeking loans and other credit-based offerings. The Company's online marketplace provides consumers with access to product offerings from various lenders, which it refers to as Network Lenders, including mortgage loans, home equity loans and lines of credit, reverse mortgage loans, auto loans, credit cards, personal loans, student loans, small business loans and other related offerings. In addition, the Company offers tools and resources, including free credit scores that facilitate comparison shopping for these loans and other credit-based offerings. The Company offers its products in categories, including mortgage products and non-mortgage products. Its mortgage products category includes its purchase and refinance products. Its non-mortgage products include lending products and other products.

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