J.P. Morgan Thinks Lendingtree’s Stock is Going to Recover
July 29 2022 - 08:22AM
TipRanks
In a report released today, Melissa Wedel from J.P. Morgan
maintained a Buy rating on Lendingtree (TREE – Research Report),
with a price target of $70.00. The company's shares closed last
Thursday at $46.74, close to its 52-week low of $40.82. According
to TipRanks.com, Wedel is a 1-star analyst with an average return
of -9.8% and a 47.1% success rate. Wedel covers the Financial
sector, focusing on stocks such as Sixth Street Specialty Lending,
Runway Growth Finance Corp, and Oaktree Specialty Lending.
Currently, the analyst consensus on Lendingtree is a Strong Buy
with an average price target of $69.71, which is a 54.4% upside
from current levels.
https://www.tipranks.com/news/blurbs/j-p-morgan-thinks-lendingtrees-stock-is-going-to-recover-2?utm_source=advfn.com&utm_medium=referral
LendingTree (NASDAQ:TREE)
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