Where LendingClub Stands With Analysts
Portfolio Pulse from Benzinga Insights
LendingClub (NYSE:LC) has received diverse analyst ratings over the past three months, with a mix of bullish, somewhat bullish, and indifferent perspectives. The average 12-month price target has increased to $10.75 from $9.50. Analysts have recently updated their ratings and price targets, reflecting their responses to market dynamics and company performance.
June 07, 2024 | 12:00 pm
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POSITIVE IMPACT
LendingClub has received a mix of bullish, somewhat bullish, and indifferent ratings from analysts over the past three months. The average 12-month price target has increased to $10.75, with a high estimate of $12.00 and a low estimate of $10.00. Recent analyst actions include a 'Buy' rating from BTIG, 'Market Perform' from Keefe, Bruyette & Woods, and 'Overweight' from Piper Sandler.
The increase in the average 12-month price target and recent positive ratings from analysts suggest a favorable short-term outlook for LendingClub. The diverse range of ratings indicates varying levels of confidence among analysts, but the overall trend appears positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100