Stephens analyst John Campbell raised his price target on Lending Tree to $420 from $385 and reiterated an Overweight rating. In a research note to investors, Campbell said LendingTree's valuation as moved into a "fairly frothy territory," but believes the stock is worthy of the premium multiple given its growth engines, "top notch" management team and strategic vision, and what he calls a a leading position against a "robust" long-term market opportunity. LendingTree is one of the best ways to play the ongoing secular trends backing the shift of the financial services industry to online from offline. "We want to own the stock now," Campbell contended, as the company's ongoing business transformation is expected to yield faster market penetration in the coming years.