Information Provided By: 
Fly News Breaks for February 23, 2018
LC
Feb 23, 2018 | 06:38 EDT
As previously reported, Guggenheim downgraded LendingClub to Neutral from Buy and maintained a $4 price target. Analyst Jeff Cantwell expects significant headwinds to top line growth and margin expansion due to an intensifying competitive environment in LendingClub's core consumer lending business, especially from balance sheet lenders. Further, the analyst said future legal expenses are not currently quantifiable and could serve as another headwind.
News For LC From the Last 2 Days
There are no results for your query LC
