Susquehanna Maintains Neutral on LendingTree, Lowers Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst James Friedman maintains a Neutral rating on LendingTree (NASDAQ:TREE) and lowers the price target from $23 to $15.
November 01, 2023 | 4:27 pm
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Susquehanna has maintained a Neutral rating on LendingTree and lowered the price target from $23 to $15.
The lowering of the price target by Susquehanna indicates a potential decrease in the stock price of LendingTree in the short term. This is due to the fact that price targets are often used by investors to gauge the future potential price of a stock. A lower price target can indicate a bearish outlook for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100