Compass Point analyst Chris Gamaitoni says the recent selloff in shares of LendingTree creates a more attractive entry point. The analyst reiterates a Buy rating on the shares with a $340 price target. Despite lowering his estimates to reflect margin pressure in LendingTree's card and personal loans, the analyst remains encouraged that its initiatives underway can lead to better than anticipate organic growth in the latter part of the year and into 2021. Following LendingTree's Q4 results yesterday, Gamaitoni believes consensus estimates are likely to set a "low-bar." Further, there is "positive optionality" from greater revenue from MyLendingTree and partnerships, says the analyst.