LendingTree price target raised to $27 from $15 at Susquehanna

Susquehanna analyst James Friedman raised the firm’s price target on LendingTree to $27 from $15 and keeps a Neutral rating on the shares. The firm said 4Q results came in stronger than estimates, carried by the strength of the Insurance segment but they maintain their rating due to weak demand in the Home and Consumer spaces, though reductions in interest rates could be tailwinds.