Needham & Company Raises Price Target on LendingTree (TREE) to $108 Following 2Q Results

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LendingTree Reports Record Second Quarter Results; Increasing Full-Year Outlook

August 3, 2015 4:01 PM EDT

CHARLOTTE, N.C., Aug. 3, 2015 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation's leading online loan marketplace, today announced results for the quarter ended June 30, 2015.

"We couldn't be more pleased with this quarter's results," said Doug Lebda, Chairman and CEO. "The online lending market continues to expand and LendingTree is positioned perfectly to capture an increased share of a burgeoning market. With another quarter of continued growth, we're especially... More