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

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

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

Needham & Company analyst, Kerry Rice, reiterated his Buy rating on shares of Lending Tree (NASDAQ: TREE) after the company announced the announced the acquisition of CompareCards for $130M.

The analyst is positive on this acquisition for the following reasons:
1) the acquisition should... More

LendingTree (TREE) Announces Acquisition of Iron Horse Holdings in ~$130M Deal

LendingTree, Inc. (Nasdaq: TREE) announced that it has acquired Iron Horse Holdings, LLC, which does business under the name CompareCards. CompareCards is a leading online source for side-by-side credit card comparison, comprehensive credit education and credit health management. CompareCards provides consumers with one centralized location for pertinent credit card information needed to find the best card for their needs.

"CompareCards has an established reputation as a leader in the online credit card comparison industry with solid issuer relationships and un-matched expertise in credit card search engine marketing," said Doug Lebda, founder... More