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TREE - LendingTree rating downgraded by Northland Securities price target lowered by Truist analyst
LendingTree Inc.
Northland Securities downgraded LendingTree's (NASDAQ:TREE) rating, while Truist analyst Youssef Squali lowered the company's price target but maintained the rating. Northland Securities lowered the rating to Market Perform from Outperform. Squali lowered the price target to $185 from $240, but maintained the Buy rating on the shares. TREE's Q1 non-GAAP EPS of $0.46 beats by $0.38, revenue of $283.2M misses by $0.45M.