BUZZ-LendingClub rises after Citizens upgrades to 'market outperform'

Reuters

2025/11/10

BUZZ-<a href="https://laohu8.com/S/LC">LendingClub</a> rises after Citizens upgrades to 'market outperform'

** Consumer lender LendingClub's LC.N shares rise 4.6% to $18.99

** Citizens upgrades LC to "market outperform" from "market perform"; establishes $23 PT, representing a 26.7% upside to stock's last close

** Management's commentary on investor day last week gives it more confidence in the loan growth outlook and better scale in the business in coming years - Brokerage

** Adds, concerns around the emergence of a competitive lending environment from aggressive fintech competitors have not materialized

** Eleven of 12 brokerages rate the stock "buy" or higher and one "hold"; median PT $22 - data compiled by LSEG

** As of last close, LC stock up 12% YTD

(Reporting by Arasu Kannagi Basil in Bengaluru)

((ArasuKannagi.Basil@thomsonreuters.com;))

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establishes $23 PT, representing a 26.7% upside to stock's last close** Management's commentary on investor day last week gives it more confidence in the loan growth outlook and better scale in the business in coming years - Brokerage ** Adds, concerns around the emergence of a competitive lending environment from aggressive fintech competitors have not materialized ** Eleven of 12 brokerages rate the stock \"buy\" or higher and one \"hold\"; median PT $22 - data compiled by LSEG** As of last close, LC stock up 12% YTD(Reporting by Arasu Kannagi Basil in Bengaluru)((ArasuKannagi.Basil@thomsonreuters.com;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}