Keefe, Bruyette & Woods Upgrades LendingTree to Outperform, Raises Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Ryan Tomasello upgrades LendingTree (NASDAQ:TREE) from Market Perform to Outperform and raises the price target from $24 to $45.
February 28, 2024 | 10:45 am
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POSITIVE IMPACT
LendingTree was upgraded from Market Perform to Outperform by Keefe, Bruyette & Woods, with the price target raised from $24 to $45.
The upgrade of LendingTree to Outperform by a reputable analyst firm like Keefe, Bruyette & Woods, coupled with a significant increase in the price target, is likely to instill positive sentiment among investors. This could lead to an increase in demand for TREE shares in the short term, pushing the price upwards.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100