Piper Sandler Reiterates Overweight on LendingClub, Raises Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Brad Capuzzi has reiterated an Overweight rating on LendingClub (NYSE:LC) and increased the price target from $9.5 to $10.

May 01, 2024 | 1:48 pm
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POSITIVE IMPACT
Piper Sandler has reiterated an Overweight rating on LendingClub and raised the price target from $9.5 to $10.
The reiteration of an Overweight rating combined with an increased price target by a reputable analyst like Brad Capuzzi signals a positive outlook for LendingClub's stock. This endorsement is likely to instill confidence among investors, potentially driving up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100