LendingTree (TREE): 4 Reasons To Like The CompareCards Acquisition - Needham

Mizuho Securities Raises Price Target on LendingTree (TREE) to $122

Mizuho Securities reiterated a Buy rating on Lending Tree (NASDAQ: TREE), and raised the price target to $122.00 (from $102.00), following CompareCards opportunity. Mizuho estimates that CompareCards could provide ~15%-20% incremental revenue and EBITDA to TREE.

Analyst Neil Doshi commented, "After pondering over the... More

BWS Financial Raises Price Target on LendingTree (TREE) Following Compare Cards Acquisition

BWS Financial reiterated a Buy rating on Lending Tree (NASDAQ: TREE), and raised the price target to $125.00 (from $110.00), as the company announced its acquisition of Compare Cards for $130 million. With the deal closed, TREE would now generate over 50 percent of its revenue from non-mortgage.... More

RBC Capital Remains Bullish as LendingTree (TREE) Announces CompareCards.com Acquisition

RBC Capital reiterated an Outperform rating on Lending Tree (NASDAQ: TREE), and raised the price target to $120.00 (from $110.00), following the company's announced acquisition of CompareCards.com. CompareCards.com was launched in 2005 and attracts >1.5MM consumers each month. RBC believes that this transaction... More