BUZZ-LendingTree hits one-month high after surprise Q4 profit, 2025 outlook

Reuters
03-07
BUZZ-<a href="https://laohu8.com/S/TREE">LendingTree</a> hits one-month high after surprise Q4 profit, 2025 outlook

** Shares of online lending marketplace LendingTree TREE.O jump as much as 23.5%, hitting their highest since January 27

** Late Wednesday, TREE reported Q4 adjusted profit vs Wall Street expectations of a loss

** At least three brokerages raise their PTs on TREE after Q4 results, 2025 outlook

** Northland Securities says it was a strong finish to 2024 and TREE is entering 2025 with strong momentum

** J.P. Morgan says revenue growth across all segments is a positive as it marks a shift from last several years

** All seven brokerages covering the stock rate it "buy" or higher; median PT is $70 - data compiled by LSEG

** TREE up 26.7% YTD

(Reporting by Arasu Kannagi Basil in Bengaluru)

((ArasuKannagi.Basil@thomsonreuters.com;))

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