Pacific Crest Starts Lending Club (LC) at Sector Perform

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Lending Club (LC) Origination Volatility Has Stepped Up 'Significantly', Compass Point Says

April 1, 2015 8:02 AM EDT

Compass Point analyst Michael Tarkan reiterated a Sell rating and $16 price target on Lending Club (NYSE: LC) after a deep dive into underlying loan-level data.

Tarkan commented, "We have analyzed a host of underlying loan-level data within Lending Club's standard loan program to... More