JP Morgan Maintains Overweight on LendingClub, Raises Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Reginald Smith maintains an Overweight rating on LendingClub (NYSE:LC) and raises the price target from $10 to $11.
August 22, 2023 | 12:45 pm
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JP Morgan maintains an Overweight rating on LendingClub and raises the price target from $10 to $11, indicating a positive outlook for the company.
The raised price target by JP Morgan indicates a positive outlook for LendingClub. This could potentially attract more investors, driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100