Close

Street Watchdog Research Raises Price Target on LendingClub (LC) to $10

November 18, 2016 1:20 PM EST
Get Alerts LC Hot Sheet
Price: $7.61 --0%

Rating Summary:
    12 Buy, 15 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 17 | Down: 14 | New: 17
Join SI Premium – FREE

Street Watchdog Research raised its price target on LendingClub (NYSE: LC) to $10 from $9.

"While LendingClub still faces challenges, we see the current depressed share price as a buying opportunity. With Mr. Trump’s win and some possible financial deregulation, we are modeling a breakeven quarter by the third quarter of 2017 and a clear path for LendingClub to be trading at or above $10 within a one-year period."

More Here



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Analyst Comments, Analyst PT Change, Trader Talk