Oppenheimer Maintains Outperform on LendingTree, Raises Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Jed Kelly has maintained an Outperform rating on LendingTree (NASDAQ:TREE) and increased the price target from $25 to $45.
January 08, 2024 | 6:07 pm
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Oppenheimer analyst Jed Kelly reaffirmed an Outperform rating on LendingTree and raised the price target from $25 to $45, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst suggests a strong conviction in the company's future performance. This typically instills confidence in investors and can lead to a short-term increase in the stock price.
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