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Fly News Breaks for December 14, 2016
TREE
Dec 14, 2016 | 07:24 EDT
Loop Capital analyst Blake Harper raised his price target for LendingTree to $135 from $130 following the company's investor day. LendingTree updated 2016 guidance to include the six weeks of acquired business of CompareCards while also raising 2017 guidance above the consensus, Harper tells investors in a research note. The company should be able to beat and raise over the next several quarters, the analyst contends after finding management bullish. He keeps a Buy rating on LendingTree.
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