LendingClub shares are trading higher after Keefe, Bruyette & Woods upgraded the stock from Market Perform to Outperform and raised its price target from $11.5 to $15.
Portfolio Pulse from Benzinga Newsdesk
LendingClub's stock price is rising following an upgrade by Keefe, Bruyette & Woods from Market Perform to Outperform, with a price target increase from $11.5 to $15.
October 10, 2024 | 2:29 pm
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POSITIVE IMPACT
LendingClub's stock is experiencing a positive impact due to an upgrade by Keefe, Bruyette & Woods, which increased its rating to Outperform and raised the price target to $15.
The upgrade from Market Perform to Outperform by a reputable analyst firm, along with a significant price target increase, is likely to boost investor confidence and drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100