tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

LendingClub initiated with a Buy at BTIG

BTIG analyst Vincent Caintic initiated coverage of LendingClub with a Buy rating and $12 price target as part of a broader research note launching coverage on Consumer Finance names. There is significant upside potential to LendingClub’s Marketplace loan origination volume, and the firm is 14% above consensus for 2026 as LendingClub expands its Structured Certificate program, the analyst tells investors in a research note. The market also underappreciates and likely mismodels the benefits from Structured Certificates to Marketplace volume growth and increasing LendingClub’s interest income in a risk-remote, capital-light way, the firm added.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1