LendingTree Acquires CompareCards
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BWS Financial Raises Price Target on LendingTree (TREE) Following Compare Cards Acquisition
November 18, 2016 9:50 AM ESTBWS 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
November 17, 2016 5:29 PM ESTRBC 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
