Jefferies Starts Lending Club (LC) at Buy, 'Lots of Catalysts to Expand ROE'

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LendingClub (LC) 'will likely bottom in mid 2023' - Jefferies

June 16, 2023 8:56 AM EDT

Jefferies initiated coverage of LendingClub (NYSE: LC) with a Buy rating and price target of $13.50 per share in a note Friday.

Analyst John Hecht told investors that there are lots of catalysts for the company to expand its return on... More