A Glimpse Into The Expert Outlook On LendingTree Through 9 Analysts
Portfolio Pulse from Benzinga Insights
Recent analyst ratings for LendingTree (NASDAQ:TREE) show a predominantly bullish outlook, with 9 analysts offering perspectives ranging from bullish to indifferent. Over the last three months, there has been a noticeable shift towards more positive ratings. The average 12-month price target for TREE has been raised to $45.89, marking a 51.85% increase from the previous target of $30.22. This adjustment reflects analysts' growing optimism about LendingTree's future performance, despite the company facing revenue challenges and a high debt-to-equity ratio. LendingTree's strong net margin and ROE indicate effective cost control and financial performance.
May 01, 2024 | 3:00 pm
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LendingTree has received a positive shift in analyst ratings, with an updated average 12-month price target of $45.89, reflecting a significant increase from the previous target. This optimism from analysts, combined with the company's strong net margin and ROE, positions TREE for potential short-term growth despite its revenue challenges and high debt-to-equity ratio.
The positive revision in LendingTree's price target by analysts, coupled with the company's strong profitability indicators such as net margin and ROE, suggests a bullish outlook for the stock in the short term. However, investors should remain cautious of the company's revenue decline and high leverage, which could pose risks.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100