Truist Securities Reiterates Buy on LendingTree, Raises Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Youssef Squali has reiterated a Buy rating on LendingTree (NASDAQ:TREE) and increased the price target from $37 to $55.
May 01, 2024 | 12:50 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Truist Securities has upgraded the price target for LendingTree from $37 to $55 while maintaining a Buy rating.
The upgrade in price target by a reputable analyst like Youssef Squali signals a strong confidence in LendingTree's future performance. This is likely to positively influence investor sentiment and potentially drive up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100