Pacific Crest Upgrades Lending Club (LC) to Overweight

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Stifel Upgrades Lending Club (LC) to Buy

June 10, 2015 6:42 AM EDT

Stifel upgraded Lending Club (NYSE: LC) from Hold to Buy with a price target of $25.00.

For an analyst ratings summary and ratings history on Lending Club click here. For more ratings news on Lending Club click here.

Shares of Lending Club closed at $16.97 yesterday.

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LendingClub (LC) Declines Ahead of Lockup Expiration

June 8, 2015 3:46 PM EDT

LendingClub (NYSE: LC) shares slipped ahead of IPO lockup expiration on Tuesday, June 9. The lockup will allow pre-IPO holders to sell 150 million shares, greatly increasing the float. A second lockup equal to 182 million shares expires in August, noted DRD Investment's Don Dion in a recent blog post.

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