Analysts Offer Insights on Financial Companies: Cullen/Frost Bankers (NYSE: CFR) and Lendingtree Inc (NASDAQ: TREE)

By Jason Carr

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Cullen/Frost Bankers (NYSE: CFR) and Lendingtree Inc (NASDAQ: TREE).

Cullen/Frost Bankers (NYSE: CFR)

In a report issued on July 28, Matthew Keating from Barclays assigned a Hold rating to Cullen/Frost Bankers (NYSE: CFR), with a price target of $97. The company’s shares closed on Friday at $91.55.

According to TipRanks.com, Keating is a 3-star analyst with an average return of 3.8% and a 54.5% success rate. Keating covers the Financial sector, focusing on stocks such as First Interstate Bancsystem, Dime Community Bancshares, and People’s United Financial.

Currently, the analyst consensus on Cullen/Frost Bankers is Hold and the average price target is $98, representing a 7.0% upside.

In a report issued on July 27, Stephens also reiterated a Hold rating on the stock with a $95 price target.
Lendingtree Inc (NASDAQ: TREE)

In a report issued on July 28, Mark Mahaney from RBC Capital assigned a Buy rating to Lendingtree Inc (NASDAQ: TREE), with a price target of $250. The company’s shares closed on Friday at $216.55, close to its 52-week high of $220.15.

According to TipRanks.com, Mahaney is a top 25 analyst with an average return of 22.7% and a 71.6% success rate. Mahaney covers the Technology sector, focusing on stocks such as Global Payments Inc, IAC/InterActiveCorp, and Angie’s List Inc.

Currently, the analyst consensus on Lendingtree Inc is Strong Buy and the average price target is $231.25, representing a 6.8% upside.

In a report issued on July 24, Northland Securities also reiterated a Buy rating on the stock with a $150 price target.

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