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Fly News Breaks for December 1, 2017
TREE
Dec 1, 2017 | 09:05 EDT
Oppenheimer analyst Jed Kelly raised his price target for LendingTree to $340 after hosting meetings with management. The investor day on December 13 day gives the company an opportunity to provide a roadmap on growing into its multiple revenue channels, which could get some investors "over the valuation hump," Kelly tells investors in a research note. He maintains an Outperform rating on LendingTree.
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