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Fly News Breaks for May 7, 2018
TREE
May 7, 2018 | 07:39 EDT
As previously reported, UBS analyst Eric Wasserstrom upgraded LendingTree to Buy from Neutral. The analyst cited its attractive valuation and his belief the company will benefit from the secular growth in consumer digital search for loan products and lenders increasing the use of digital channels to source low cost leads. Wassterstrom lowered his price target to $325 from $375 on LendingTree shares.
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TREE
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