|Day Low/High||246.35 / 253.15|
|52 Wk Low/High||75.05 / 255.00|
Analyst ratings can sometimes be complicated, and we here at ETF Channel have noticed a bit of a paradox with LendingTree Inc . The average 12-month price target for TREE — averaging the work of 8 analysts — reveals an average price target of $221.25/share.
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Analyst ratings can sometimes be complicated, and we here at ETF Channel have noticed a bit of a paradox with LendingTree Inc . The average 12-month price target for TREE — averaging the work of 10 analysts — reveals an average price target of $155.50/share.
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In recent trading, shares of LendingTree Inc have crossed above the average analyst 12-month target price of $137.50, changing hands for $142.40/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level.
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