Needham Has Just Reaffirmed $200.00 Target Price Per Share on Lendingtree TREE (NYSE:TREE) stock, While They’ve Also Reiterated Their Buy Rating

June 20, 2017 - By Stephen Andrade

 Needham Has Just Reaffirmed $200.00 Target Price Per Share on Lendingtree TREE (NYSE:TREE) stock, While They’ve Also Reiterated Their Buy Rating

Investors sentiment increased to 1.21 in 2016 Q4. Its up 0.26, from 0.95 in 2016Q3. It increased, as 22 investors sold Lendingtree Inc shares while 44 reduced holdings. 24 funds opened positions while 56 raised stakes. 9.70 million shares or 2.05% more from 9.50 million shares in 2016Q3 were reported.

Brown Advisory Incorporated holds 0% or 3,164 shares in its portfolio. Wellington Llp holds 73,727 shares. Envestnet Asset owns 0% invested in Lendingtree Inc (NASDAQ:TREE) for 474 shares. Lpl Finance Ltd Company reported 3,641 shares. Credit Agricole S A accumulated 61,500 shares. 252,249 are held by Janus Cap Lc. First Lp reported 0% in Lendingtree Inc (NASDAQ:TREE). Highlander Capital Management reported 8 shares. Blackrock Grp Ltd reported 13,795 shares. Employees Retirement System Of Texas stated it has 11,000 shares or 0.02% of all its holdings. Moreover, Creative Planning has 0% invested in Lendingtree Inc (NASDAQ:TREE) for 15 shares. Redwood Invests Llc reported 91,785 shares or 0.84% of all its holdings. Bnp Paribas Arbitrage Sa invested in 1,171 shares. Scout reported 50,125 shares. Campbell Newman Asset Inc reported 2,620 shares.

Lendingtree TREE (NYSE:TREE) Rating Reaffirmed

Needham now has a $200.00 TP on shares of Lendingtree TREE (NYSE:TREE). The TP indicates a potential upside of 14.16 % from the stock close price of Lendingtree TREE (NYSE:TREE). This rating was revealed to investors in a research report on Tuesday, 20 June.

Investors sentiment increased to 1.21 in 2016 Q4. Its up 0.26, from 0.95 in 2016Q3. It increased, as 22 investors sold Lendingtree Inc shares while 44 reduced holdings. 24 funds opened positions while 56 raised stakes. 9.70 million shares or 2.05% more from 9.50 million shares in 2016Q3 were reported.

Brown Advisory Incorporated holds 0% or 3,164 shares in its portfolio. Wellington Llp holds 73,727 shares. Envestnet Asset owns 0% invested in Lendingtree Inc (NASDAQ:TREE) for 474 shares. Lpl Finance Ltd Company reported 3,641 shares. Credit Agricole S A accumulated 61,500 shares. 252,249 are held by Janus Cap Lc. First Lp reported 0% in Lendingtree Inc (NASDAQ:TREE). Highlander Capital Management reported 8 shares. Blackrock Grp Ltd reported 13,795 shares. Employees Retirement System Of Texas stated it has 11,000 shares or 0.02% of all its holdings. Moreover, Creative Planning has 0% invested in Lendingtree Inc (NASDAQ:TREE) for 15 shares. Redwood Invests Llc reported 91,785 shares or 0.84% of all its holdings. Bnp Paribas Arbitrage Sa invested in 1,171 shares. Scout reported 50,125 shares. Campbell Newman Asset Inc reported 2,620 shares.

Lendingtree Inc (NASDAQ:TREE) Ratings Coverage

Among 9 analysts covering Tree.com (NYSE:TREE), 9 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Tree.com has $200 highest and $102 lowest target. $157.67’s average target is -9.88% below currents $174.95 stock price. Tree.com had 23 analyst reports since October 26, 2015 according to SRatingsIntel. Oppenheimer initiated the shares of TREE in report on Wednesday, February 8 with “Outperform” rating. The firm has “Buy” rating by Mizuho given on Friday, July 29. The firm has “Buy” rating given on Monday, November 9 by Suntrust Robinson. Needham maintained Lendingtree Inc (NASDAQ:TREE) rating on Tuesday, June 20. Needham has “Buy” rating and $200 target. The stock of Lendingtree Inc (NASDAQ:TREE) has “Buy” rating given on Friday, September 16 by Mizuho. Needham maintained Lendingtree Inc (NASDAQ:TREE) rating on Friday, April 28. Needham has “Buy” rating and $170 target. Mizuho maintained Lendingtree Inc (NASDAQ:TREE) on Friday, February 24 with “Buy” rating. The rating was maintained by Mizuho on Friday, October 28 with “Buy”. Bank of America maintained it with “Buy” rating and $190 target in Friday, June 9 report. Compass Point maintained it with “Buy” rating and $120 target in Friday, July 29 report.

About 2,982 shares traded. Lendingtree Inc (NYSE:TREE) has risen 126.83% since June 20, 2016 and is uptrending. It has outperformed by 110.13% the S&P500.

Analysts await Lendingtree Inc (NASDAQ:TREE) to report earnings on July, 27. They expect $0.75 earnings per share, up 2.74 % or $0.02 from last year’s $0.73 per share. TREE’s profit will be $9.26 million for 58.32 P/E if the $0.75 EPS becomes a reality. After $0.96 actual earnings per share reported by Lendingtree Inc for the previous quarter, Wall Street now forecasts -21.88 % negative EPS growth.

LendingTree, Inc. is engaged in operating an online loan marketplace for clients seeking loans and other credit offerings. The company has market cap of $2.16 billion. The Company’s online marketplace provides clients with access to product offerings from various lenders, which it refers to as Network Lenders, including mortgage loans, home equity loans and lines of credit, reverse mortgage loans, auto loans, credit cards, personal loans, student loans, small business loans and other related offerings. It has a 70.34 P/E ratio. In addition, the Company offers tools and resources, including free credit scores that facilitate comparison shopping for these loans and other credit offerings.

More notable recent Lendingtree Inc (NASDAQ:TREE) news were published by: Seekingalpha.com which released: “LendingTree Goes Organic Through Acquisition” on June 19, 2017, also Prnewswire.com with their article: “LendingTree Announces Pricing Of $265 Million Of Convertible Senior Notes Due 2022” published on May 25, 2017, Prnewswire.com published: “LendingTree, Inc. to Present at RBC Financial Technology Investor Day” on June 09, 2017. More interesting news about Lendingtree Inc (NASDAQ:TREE) were released by: Charlotteobserver.com and their article: “Charlotte-based LendingTree looking to diversify with latest acquisition” published on June 15, 2017 as well as Prnewswire.com‘s news article titled: “LendingTree, Inc. to Present at Bank of America Global Technology Conference …” with publication date: June 02, 2017.

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