LendingClub Reports Second Quarter 2024 Results

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Lending Club (LC) PT Raised to $12 at JPMorgan

July 31, 2024 9:39 AM EDT

JPMorgan analyst Reginald Smith raised the price target on Lending Club (NYSE: LC) to $12.00 (from $10.00) while maintaining a Overweight rating.

The analyst comments "Headline PPNR and EPS came in ahead of JPM and Street estimates, driven by stronger than expected net interest income... More