trending Market Intelligence /marketintelligence/en/news-insights/trending/1OCSkWTN4Lois0SQ68Sx6Q2 content esgSubNav
In This List

Needham initiates coverage of LendingTree at 'buy'

Podcast

Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)

Blog

Kensho Launches Word Error Rate Calculator

Blog

Insight Weekly: Bank oversight steps up; auto insurers’ dismal year; VC investment slumps

Blog

Bank failures: The importance of liquidity and funding data


Needham initiates coverage of LendingTree at 'buy'

Needham & Co. LLC analyst Mayank Tandon initiated coverage of LendingTree Inc.'s stock at "buy" and set a price target of $300.

The analyst established LendingTree's earnings per share estimates at $5.94 for 2018 and $7.90 for 2019.

Tandon wrote that LendingTree is poised to generate strong revenue growth given the continued push by consumers to digital channels for financial services.

Tandon expects LendingTree to maintain its focus on generating solid organic growth and finding accretive M&A while "opportunistically returning capital to shareholders through share repurchases."