Jefferies Keeps Their Buy Rating on LendingClub (LC)
Jefferies analyst maintained a Buy rating on LendingClub today and set a price target of $25.00.
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In addition to Jefferies, LendingClub also received a Buy from J.P. Morgan’s Reginald Smith in a report issued today. However, on the same day, TipRanks – xAI reiterated a Hold rating on LendingClub (NYSE: LC).
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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