Information Provided By:
Fly News Breaks for December 13, 2019
TREE
Dec 13, 2019 | 07:51 EDT
RBC Capital analyst Mark Mahaney lowered his price target on LendingTree to $341 and kept his Sector Perform rating after its investor day presentation with initial FY20 guidance below consensus. While the stock has fallen over 20% since November 26th, the analyst contends that the fundamentals at LendingTree are still intact. Mahaney claims that the company remains a "leading online consumer finance marketplace" with a large and underpenetrated total addressable market, strong secular tailwinds, and a "very consistent" track record.
News For TREE From the Last 2 Days
There are no results for your query TREE
I agree to the thefly.com's disclaimer & terms of use
About Privacy Terms of Use

© 1996-2018 TheStreet, Inc., 14 Wall Street, 15th Fl, NY, NY 10005

Need Help? Contact Customer Service

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data & Company fundamental data provided by FactSet. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by FactSet Digital Solutions Group.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

FactSet calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.