Lending Club Reports Fourth Quarter and Full Year 2016 Results
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FBR Capital Reiterates Market Perform Rating and $6.50 PT on Lending Club (LC) Following 4Q Results
February 15, 2017 5:40 AM ESTFBR Capital analyst Bob Ramsey reiterates Market Perform rating and $6.50 price target on Lending Club (NYSE: LC), suggesting lower margin targets and rising stock compensation, as the company reported fourth quarter 2016 EPS above consensus.
Ramsey writes, "This was a quarter... More

