Keefe, Bruyette & Woods Upgrades LendingClub to Outperform, Raises Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods has upgraded LendingClub (NYSE:LC) from Market Perform to Outperform, raising the price target from $11.5 to $15.
October 10, 2024 | 11:59 am
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Keefe, Bruyette & Woods has upgraded LendingClub from Market Perform to Outperform, increasing the price target from $11.5 to $15. This suggests a positive outlook for LendingClub's stock.
The upgrade from Market Perform to Outperform by a reputable analyst firm indicates increased confidence in LendingClub's future performance. The raised price target to $15 suggests potential upside in the stock price, likely leading to positive investor sentiment and a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100