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BTIG Sticks to Their Buy Rating for LendingClub (LC)

Tipranks - Tipranks - Fri Jan 30, 6:24AM CST

In a report released yesterday, Vincent Caintic from BTIG maintained a Buy rating on LendingClub, with a price target of $26.00. The company’s shares closed yesterday at $19.57.

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Caintic covers the Financial sector, focusing on stocks such as Enova International, Capital One Financial, and LendingClub. According to TipRanks, Caintic has an average return of 1.7% and a 49.20% success rate on recommended stocks.

In addition to BTIG, LendingClub also received a Buy from TipRanks – DeepSeek’s DeepSeek Financial – Credit Services in a report issued today. However, on the same day, TipRanks – xAI reiterated a Hold rating on LendingClub (NYSE: LC).

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Based on LendingClub’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $349.59 million and a net profit of $44.27 million. In comparison, last year the company earned a revenue of $302.02 million and had a net profit of $14.46 million

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