Wedbush Maintains Outperform on LendingClub, Lowers Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst David Chiaverini maintains an Outperform rating on LendingClub (NYSE:LC) but has lowered the price target from $9 to $7.
October 26, 2023 | 12:51 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Wedbush maintains an Outperform rating on LendingClub but lowers the price target from $9 to $7. This could potentially impact the stock's performance.
The lowered price target indicates that the analyst sees less upside potential for the stock, which could lead to a negative sentiment among investors. However, the maintained Outperform rating suggests that the analyst still believes the stock will outperform the market, which could counterbalance the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100