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LC

LendingClub

$4.25

(0.00%)

08:55
12/07/17
12/07
08:55
12/07/17
08:55

LendingClub to host investor day

Investor Day to be held in New York on December 7 at 9 am. Webcast Link

  • 07

    Dec

LC LendingClub
$4.25

(0.00%)

11/01/17
NEED
11/01/17
INITIATION
Target $7
NEED
Buy
LendingClub initiated with a Buy on strong credit cycle
As noted earlier, Needham analyst Kerry Rice initiated LendingClub with a Buy rating and a $7 price target, saying the company is poised to re-accelerate the growth of its originations given that the credit cycle is in "full swing". Rice says the company's proprietary data, scale, and technology offer a competitive advantage which helped it enter several markets with significant growth opportunity.
11/01/17
11/01/17
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Gildan Activewear (GIL) initiated with a Neutral at Macquarie. 2. Proofpoint (PFPT) initiated with a Perform at Oppenheimer. 3. LendingClub (LC) initiated with a Buy at Needham. 4. Melco Resorts & Entertainment (MLCO) initiated with a Buy at Roth Capital. 5. VBI Vaccines (VBIV) initiated with a Buy at Canaccord. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
11/07/17
MAXM
11/07/17
INITIATION
Target $8
MAXM
Buy
LendingClub initiated with a Buy at Maxim
Maxim analyst Michael Diana initiated Lending Club with a Buy rating and a price target of $8. Diana says the company is poised for strong EBITDA growth given the backdrop of lower expenses, stable credit quality, and improved management. The analyst says the company was ready for a reset in 2016, but suffered from a "temporary crisis of confidence" around its management when its founder resigned while two of its online marketplace vendors were dealing with credit quality issues.
11/07/17
11/07/17
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Michael Kors (KORS) resumed with a Neutral at BofA/Merrill. 2. Lowe's (LOW) was initiated with an Overweight at KeyBanc while Home Depot (HD) was initiated with a Sector Weight. 3. OptiNose (OPTN) was initiated with an Outperform at BMO Capital and RBC Capital, an Overweight at Piper Jaffray, and a Buy at Jefferies. 4. LendingClub (LC) initiated with a Buy at Maxim. 5. LKQ Corp. (LKQ) initiated with an Outperform at Wolfe Research. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.

TODAY'S FREE FLY STORIES

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General news
Asian Market Wrap: »

Asian Market Wrap:…

AVLR

Avalara

$34.68

-1.375 (-3.81%)

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XLNX

Xilinx

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IVC

Invacare

$16.50

0.15 (0.92%)

21:30
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  • 12

    Sep

PRO

Pros Holdings

$35.39

-1.91 (-5.12%)

20:39
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Syndicate
Pros Holdings 3.8M share Secondary priced at $34.00 »

It appears selling…

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  • 20

    Aug

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IIN

IntriCon

$63.85

-4.9 (-7.13%)

20:34
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08/15
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Syndicate
IntriCon 1.5M share Secondary priced at $55.00 »

Stifel acted as sole book…

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  • 06

    Sep

  • 16

    Aug

ADUS

Addus HomeCare

$59.35

-3.1 (-4.96%)

20:33
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20:33
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Syndicate
Addus HomeCare 2.1M share Secondary priced at $59.00 »

Jefferies, RBC Capital…

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  • 16

    Aug

LABL

Multi-Color

$63.90

-1 (-1.54%)

20:32
08/15/18
08/15
20:32
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20:32
Downgrade
Multi-Color rating change at KeyBanc »

Multi-Color downgraded to…

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WMT

Walmart

$90.24

-0.565 (-0.62%)

, JCP

J.C. Penney

$2.40

-0.24 (-9.09%)

20:25
08/15/18
08/15
20:25
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20:25
Earnings
Notable companies reporting before tomorrow's open »

Notable companies…

WMT

Walmart

$90.24

-0.565 (-0.62%)

JCP

J.C. Penney

$2.40

-0.24 (-9.09%)

03/08/13
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  • 16

    Aug

  • 16

    Aug

WUBA

58.com

$58.59

-3.27 (-5.29%)

19:09
08/15/18
08/15
19:09
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19:09
Hot Stocks
Breaking Hot Stocks news story on 58.com »

58.com sees Q3 revenue…

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  • 16

    Aug

  • 10

    Sep

WUBA

58.com

$58.59

-3.27 (-5.29%)

19:08
08/15/18
08/15
19:08
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19:08
Earnings
58.com reports Q2 adjusted earnings per ADS 82c, consensus 68c »

Reports Q2 revenue…

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  • 16

    Aug

  • 10

    Sep

WAIR

Wesco Aircraft

$13.65

-0.3 (-2.15%)

19:07
08/15/18
08/15
19:07
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19:07
Initiation
Wesco Aircraft initiated at UBS »

Wesco Aircraft initiated…

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TGI

Triumph Group

$21.10

-0.9 (-4.09%)

19:07
08/15/18
08/15
19:07
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Initiation
Triumph Group initiated at UBS »

Triumph Group initiated…

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HXL

Hexcel

$68.40

-1.13 (-1.63%)

19:06
08/15/18
08/15
19:06
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Initiation
Hexcel initiated at UBS »

Hexcel initiated with a…

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  • 06

    Nov

ERJ

Embraer

$18.64

-0.495 (-2.59%)

19:05
08/15/18
08/15
19:05
08/15/18
19:05
Initiation
Embraer initiated at UBS »

Embraer initiated with a…

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CW

Curtiss-Wright

$130.92

-2.42 (-1.81%)

19:04
08/15/18
08/15
19:04
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19:04
Initiation
Curtiss-Wright initiated at UBS »

Curtiss-Wright initiated…

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LLL

L3 Technologies

$208.08

-1.73 (-0.82%)

19:03
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Initiation
L3 Technologies initiated at UBS »

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GD

General Dynamics

$192.29

-1.33 (-0.69%)

19:03
08/15/18
08/15
19:03
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Initiation
General Dynamics initiated at UBS »

General Dynamics…

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BDRBF

Bombardier

$0.00

(0.00%)

19:02
08/15/18
08/15
19:02
08/15/18
19:02
Initiation
Bombardier initiated at UBS »

Bombardier initiated with…

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HEI

Heico

$76.50

-1.81 (-2.31%)

19:00
08/15/18
08/15
19:00
08/15/18
19:00
Initiation
Heico initiated at UBS »

Heico initiated with a…

03/08/13
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  • 28

    Aug

  • 13

    Sep

  • 06

    Nov

HRS

Harris

$162.73

-2.15 (-1.30%)

18:59
08/15/18
08/15
18:59
08/15/18
18:59
Initiation
Harris initiated at UBS »

Harris initiated with a…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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NOC

Northrop Grumman

$291.52

-2.35 (-0.80%)

18:59
08/15/18
08/15
18:59
08/15/18
18:59
Initiation
Northrop Grumman initiated at UBS »

Northrop Grumman…

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PNC

PNC Financial

$142.03

-0.7 (-0.49%)

, WFC

Wells Fargo

$57.99

-0.08 (-0.14%)

18:57
08/15/18
08/15
18:57
08/15/18
18:57
Periodicals
PNC faces subpoenas over low-income housing tax credits, Bloomberg says »

PNC Financial (PNC) has…

PNC

PNC Financial

$142.03

-0.7 (-0.49%)

WFC

Wells Fargo

$57.99

-0.08 (-0.14%)

03/08/13
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03/08/13
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03/06/13
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  • 12

    Oct

  • 12

    Apr

  • 13

    Jul

  • 15

    Oct

UTX

United Technologies

$131.75

-0.65 (-0.49%)

18:57
08/15/18
08/15
18:57
08/15/18
18:57
Initiation
United Technologies initiated at UBS »

United Technologies…

03/08/13
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03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
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  • 17

    Aug

B

Barnes Group

$65.59

-0.26 (-0.39%)

18:56
08/15/18
08/15
18:56
08/15/18
18:56
Initiation
Barnes Group initiated at UBS »

Barnes Group initiated…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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