LendingClub (LC) Tops Q1 EPS by 1c, Raise FY Guidance

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Lending Club's (LC) Risk/Reward Improving, Says Pacific Crest; Analyst Maintains Sector Perform Rating

May 6, 2015 10:08 AM EDT

Pacific Crest maintained a Sector Perform rating on Lending Club (NYSE: LC) following the release of the company's Q1 results. Analyst Josh Beck said risk/reward in the stock was improving.

Beck explained, "Originations meaningfully exceeded our expectations due to established programs leading to... More