SunTrust analyst Youssef Squali raised his price target on LendingTree to $400 after its Q3 earnings beat, saying the quarter confirms that its diversification strategy is "bearing fruit". The analyst notes that the outperformance was driven by the company's Small Business and Student Loans segments, as further "healthy growth" came from its Insurance business. Squali keeps his Hold rating on LendingTree stock however, citing risks coming from "increased competition, challenges to mortgage revenues in a rising rate environment, and continued under-performance of emerging sectors such as credit cards."