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Fly News Breaks for July 1, 2019
TREE
Jul 1, 2019 | 21:17 EDT
RBC Capital analyst Mark Mahaney downgraded LendingTree to Sector Perform from Outperform with an unchanged price target of $425. The analyst cites valuation for the downgrade with the shares up almost 90% year-to-date. He sees less compelling risk/reward at current share levels.
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