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Fly News Breaks for April 29, 2019
TREE
Apr 29, 2019 | 09:40 EDT
SunTrust analyst Youssef Squali raised his price target on LendingTree to $326 after its Q1 results, saying the company beat expectation across all metrics with especially pronounced strength in its insurance segment and "re-accelerating" growth in credit cards. The analyst keeps his Hold rating on LendingTree because of its valuation, but sees further upside potential in the company's insurance business from its marketing efforts.
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