Wall Street Analysts See a 29.79% Upside in LendingClub (LC): Can the Stock Really Move This High?

LendingClub (LC) has a mean analyst price target implying 29.8% upside, with analysts also broadly raising earnings estimates. The article notes that price targets can be unreliable, but the consensus estimate revisions point to improving fundamentals. Overall the message is constructive for the stock, though the direct market impact is likely modest.

Analysis

LendingClub (LC) has a mean analyst price target implying 29.8% upside, with analysts also broadly raising earnings estimates. The article notes that price targets can be unreliable, but the consensus estimate revisions point to improving fundamentals. Overall the message is constructive for the stock, though the direct market impact is likely modest.