Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Markets & Finance

Friedman Keeps 'Outperform' on LendingTree

Friedman Billings keeps its outperform rating on LendingTree (TREE).

Analyst Chris Penny says everything in the company's fourth quarter report looked solid. He notes LendingTree benefits from a strong market, but says the other side of the story is that short interest in the stock has gone up over the last couple of quarters.

Penny notes that the bearish case is the Internet-based loan clearinghouse can't continue its strong trend if the refinancing market were to turn the other way. He says LendingTree is the clear leader in its space, and thinks even if interest rates went up then the company would still benefit because it's the low-cost provider. He maintains his $16.50 target.

blog comments powered by Disqus