LendingClub Downgraded On Risk Management, Stock Tanks – ValueWalk Premium

LendingClub Downgraded On Risk Management, Stock Tanks

LendingClub has been pumped up and expectations are the stock price is getting ahead of reality, indicates a new analyst call.

Such is the general message behind a Sterne Agee downgrade of LendingClub. The firm announced today it was initiating a underperform rating with a $17.75 price target. In early morning trade LendingClub is trading at $21.37, down nearly 7 percent on the day.

Lending Club's risk management
A key . . .


This content is exclusively for paying members.

If you are subscribed and having an account error please clear cache and cookies if that does not work email support@valuewalk.com or click Chat.

Saved Articles
Here’s a Tip: Read What Professional Investors Read

ValueWalk Premium is for investors looking to improve their investment process AND keep up-to-date on the latest industry trends.

It’s THE resource for value investing and hedge funds.   

And with a free three-day trial and $29.99 per month thereafter, it’s a value in its own right.