What 5 Analyst Ratings Have To Say About LendingTree
Portfolio Pulse from Benzinga Insights
LendingTree (NASDAQ:TREE) has received mixed analyst ratings over the past quarter, with 3 bullish and 2 somewhat bullish ratings. Analysts have raised their 12-month price targets, with the average target now at $56.4, marking a 26.46% increase from the previous average. Despite positive analyst sentiment, LendingTree faces financial challenges, including declining revenue, low net margin, and high debt-to-equity ratio.
June 20, 2024 | 12:00 pm
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LendingTree has received mixed analyst ratings, with a notable increase in the average 12-month price target to $56.4. However, the company faces financial challenges, including declining revenue, low net margin, and high debt-to-equity ratio.
The increase in the average price target and the majority of bullish ratings suggest a positive short-term impact on LendingTree's stock price. However, the company's financial challenges may temper this optimism.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100