UPDATE: BWS Financial Downgrades Lending Tree (TREE) to Sell

October 12, 2017 9:33 AM EDT
Get Alerts TREE Hot Sheet
Price: $47.78 --0%

Rating Summary:
    11 Buy, 5 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 4 | Down: 20 | New: 10
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(Updated - October 12, 2017 9:37 AM EDT)

(updated with analyst comments)

BWS Financial downgraded Lending Tree (NASDAQ: TREE) from Buy to Sell with a price target of $194.00 (from $285.00).

Analyst Hamed Khorsand said seasonality could become a bigger headwind this year.

"The Company faces several seasonal challenges in the fourth quarter that could be upsetting for a stock priced to perfection," Khorsand said.

For an analyst ratings summary and ratings history on Lending Tree click here. For more ratings news on Lending Tree click here.

Shares of Lending Tree closed at $257.70 yesterday.

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