BidaskClub Lowers Lendingtree (NASDAQ:TREE) to Buy

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On CNBC’s "Mad Money Lightning Round", Jim Cramer said he wouldn’t buy Lendingtree Inc (NASDAQ: TREE). He explained that the stock was. He added that the steel stocks are going to trade lower due.

BidaskClub upgraded LendingTree from a "buy" rating to a "strong-buy" rating in a research note on Saturday, March 17th. Stephens lifted their price objective on LendingTree from $385.00 to $420.00 and gave the company an "overweight" rating in a research note on Monday, March 19th. They noted that the move was a valuation call.

In November 2010, a subsidiary of Tree.com Inc.(Nasdaq: TREE) of Charlotte, N.C., agreed to buy First. lender on the LendingTree network in 2009. It also was the largest residential mortgage broker.

Lendingtree Inc (NASDAQ:TREE) president neil salvage sold 20,405 shares of the firm’s stock in a transaction that occurred on Friday, July 5th. The shares were sold at an average price of $435.37, for a total transaction of $8,883,724.85. Following the sale, the president now directly owns 14,506.

Norges Bank bought a new stake in Lendingtree Inc (NASDAQ:TREE) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 58,008 shares of the financial services provider’s stock, valued at approximately $12,737,000. Other hedge funds also recently bought and sold shares of the company.

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Norges Bank bought a new stake in Lendingtree Inc (NASDAQ:TREE) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 58,008 shares of the financial services provider’s stock, valued at approximately $12,737,000. Other hedge funds also recently bought and sold shares of the company.

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Separately, Zacks Investment Research lowered State Auto Financial from a buy rating to a hold rating in a research report on Saturday, February 16th. Shares of NASDAQ STFC opened at [.] BidaskClub lowered shares of state auto financial (nasdaq:stfc) from a hold rating to a sell rating in a research note published on Tuesday, BidAskClub reports.

BidaskClub cut shares of Sanderson Farms (NASDAQ:SAFM) from a buy rating to a hold rating in a research note released on Wednesday, April 3rd, BidAskClub reports. A number of other research analysts have also recently weighed in on SAFM. Mizuho raised shares of Sanderson Farms from a neutral rating to a buy rating and lifted [.]