In a report issued on July 1, Melissa Wedel from J.P. Morgan maintained a Buy rating on Lendingtree (TREE – Research Report), with a price target of $130.00. The company's shares closed last Friday at $46.08, close to its 52-week low of $42.80. According to TipRanks.com, Wedel is a 1-star analyst with an average return of -19.2% and a 0.0% success rate. Wedel covers the Financial sector, focusing on stocks such as Sixth Street Specialty Lending, Apollo Investment Corp, and SLR Investment Corp. Lendingtree has an analyst consensus of Strong Buy, with a price target consensus of $108.67, which is a 147.6% upside from current levels.
https://www.tipranks.com/news/blurbs/j-p-morgan-thinks-lendingtrees-stock-is-going-to-recover?utm_source=advfn.com&utm_medium=referral
LendingTree (NASDAQ:TREE)
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