Wedbush raised the firm’s price target on LendingClub (LC) to $17 from $14 and keeps an Outperform rating on the shares. The firm notes LendingClub reported a strong quarter, which built on the inflection noted during last quarter’s earnings, and provided a positive guidance for Q4 and beyond.
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>>
Read More on LC: