Maxim raised the firm’s price target on LendingClub (LC) to $19 from $16 and keeps a Buy rating on the shares. The company’s Q3 results exceeded estimates, reaching high end of guidance on originations and beat guidance on pre-provision net revenue, the analyst tells investors in a research note.
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Read More on LC:
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- LendingClub price target raised to $15 from $14.50 at Seaport Research
- LendingClub price target raised to $17 from $14 at Wedbush
- LendingClub price target raised to $15 from $13 at Piper Sandler
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