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LC

LendingClub

$4.09

0.13 (3.28%)

16:12
08/07/18
08/07
16:12
08/07/18
16:12

LendingClub sees FY18 revenue $680M-$705M, consensus $687.54M

  • 07

    Aug

  • 09

    Aug

LC LendingClub
$4.09

0.13 (3.28%)

06/01/18
CHLM
06/01/18
NO CHANGE
Target $5
CHLM
Buy
Craig-Hallum sees LendingClub loan volumes accelerating
LendingClub's new credit model enables it to say "Yes" more often when underwriting, which should drive improved loan growth and operating margins, Craig-Hallum analyst Bradley Berning tells investors in a research note. The analyst raised his Q2 loan sale assumption to $2.63B from $2.46B, up 14% from Q1. The analyst, however, left his revenue and EBITDA estimates unchanged, and keeps a Buy rating on the shares with a $5 price target.
07/19/18
MSCO
07/19/18
DOWNGRADE
MSCO
Equal Weight
LendingClub downgraded to Equal Weight from Overweight at Morgan Stanley
07/19/18
MSCO
07/19/18
DOWNGRADE
Target $5
MSCO
Equal Weight
LendingClub downgraded as FTC probe seen detering investors at Morgan Stanley
As previously reported, Morgan Stanley analyst James Faucette downgraded LendingClub to Equal Weight from Overweight as he thinks the previously disclosed FTC investigation into the company's lending practices will be a drag on new investor interest and involvement in the stock until it is resolved. While its fundamentals are undervalued, there is also execution risk, added Faucette, who lowered his price target on LendingClub shares to $5 from $6.
07/19/18
07/19/18
NO CHANGE

Fly Intel: Today's top analyst calls on Wall Street
Check out today's top analyst calls from around Wall Street, compiled by The Fly. NEEDHAM CUTS TESLA TO UNDERPERFORM: Needham analyst Rajvindra Gill downgraded Tesla (TSLA) to Underperform from Hold, stating the stock remains overvalued in spite of its 16% decline from the the June 2017 peak. The analyst cited expectations of slower Model S/X sales amid increased competition and possible cannibalization from the Model 3, the expiration of credits, slower gross margins improvement with "persistently high" production costs, lower energy segment revenue after recent restructuring, and Tesla's "unsustainable capital structure." Tesla is down 1.9% in midday trading. CREDIT SUISSE UPGRADES SQUARE: Credit Suisse analyst Paul Condra upgraded Square (SQ) to Outperform from Neutral, saying he believes its growing product eco-system is increasing its ability to penetrate larger merchants. He also said positive data points on Cash-App adoption validate Square's two-sided platform strategy to grow both merchant and consumer use-cases. The analyst also raised his price target on the shares to $81 from $44. MORGAN STANLEY UPS SQUARE TARGET: Morgan Stanley analyst James Faucette sees good potential for upward estimate revisions for Square in the near-term and raised his price target on the stock to $75 from $43. However, Faucette kept an Equal Weight rating on Square, calling its valuation "demanding" and citing his continued view that new services are misvalued. Square is higher by 3.5% at midday. MORGAN STANLEY DOWNGRADES LENDINGCLUB, ON DECK: Morgan Stanley's Faucette downgraded LendingClub (LC) to Equal Weight from Overweight as he thinks the previously disclosed FTC investigation into the company's lending practices will be a drag on new investor interest and involvement in the stock until it is resolved. Faucette lowered his price target on LendingClub shares to $5 from $6. Faucette downgraded On Deck Capital (ONDK) to Underweight from Equal Weight, stating that he sees the company needing a long time to meaningfully scale the "OnDeck-as-a-Service," which he believes will limit the stock's potential for valuation expansion above small-to-mid cap banks. Also, Faucette sees limited upside potential to origination growth estimates given the company's preference for delivering profitability versus growth, he tells investors. PIPER POSITIVE ON CISCO AND ARISTA, CALLS AMAZON FEARS OVERBLOWN: Amazon (AMZN) is not entering the network switching market as speculated on July 13, Piper Jaffray analyst James Fish told investors in a research note. The confirmation by Amazon removes the potential shadow of Amazon on the space. The analyst continued to recommend Cisco (CSCO) and Arista (ANET) as his top networking picks.

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LYV

Live Nation

$48.15

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XLE

Energy Select Sector SPDR

$72.63

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$54.50

0.25 (0.46%)

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General news
Week ending ETF Scorecard: Consumer Staples outperforms, Energy skids »

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$72.63

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$54.50

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$83.16

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Consumer Discretionary Sector SPDR

$112.51

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SPDR Gold Trust

$112.12

1.01 (0.91%)

SLV

iShares Silver Trust

$13.93

0.16 (1.16%)

USO

United States Oil Fund

$13.70

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UNG

United States Natural Gas Fund

$24.18

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iShares iBoxx $ High Yield Corporate Bond

$86.03

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LQD

iShares iBoxx $ Investment Grade Corporate Bond

$115.97

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TLT

iShares 20+ Year Treasury Bond Fund

$120.99

0.16 (0.13%)

IEF

iShares 7-10 Year Treasury Bond ETF

$102.49

0.04 (0.04%)

SHY

iShares 1-3 Year Treasury Bond

$83.28

0.03 (0.04%)

IWD

iShares Russell 1000 Value

$126.16

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IWF

iShares Russell 1000 Growth

$150.80

0.27 (0.18%)

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GLD

SPDR Gold Trust

$112.12

1.01 (0.91%)

17:33
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SPDR Gold Trust holdings fall to 772.24MT from 773.41MT »

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GDOT

Green Dot

$85.04

0.37 (0.44%)

17:30
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Green Dot exec Dent sells 7,754 common shares »

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  • 25

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SMSI

Smith Micro

$2.49

-0.01 (-0.40%)

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Breaking Syndicate news story on Smith Micro »

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NDRA

ENDRA Life Sciences

$2.70

0.2 (8.00%)

17:14
08/17/18
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Syndicate
Breaking Syndicate news story on ENDRA Life Sciences »

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BA

Boeing

$346.44

0.55 (0.16%)

17:10
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Boeing awarded $152.5M U.S. Navy contract »

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BA

Boeing

$346.44

0.55 (0.16%)

17:09
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Boeing awarded $217M Defense Department contract »

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LLL

L3 Technologies

$210.37

0.56 (0.27%)

17:08
08/17/18
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17:08
Hot Stocks
L3 Technologies awarded $240M Defense Department contract »

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HSGX

Histogenics

$2.65

-0.05 (-1.85%)

17:06
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Syndicate
Breaking Syndicate news story on Histogenics »

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PLD

Prologis

$67.45

1.79 (2.73%)

, DCT

DCT Industrial

$68.77

1.805 (2.70%)

16:58
08/17/18
08/17
16:58
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16:58
Conference/Events
DCT Industrial to host special shareholder meeting »

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PLD

Prologis

$67.45

1.79 (2.73%)

DCT

DCT Industrial

$68.77

1.805 (2.70%)

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WLK

Westlake Chemical

$95.61

-1.33 (-1.37%)

16:56
08/17/18
08/17
16:56
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Hot Stocks
Westlake Chemical expands share repurchase program by $150M »

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  • 05

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SM

SM Energy

$27.38

0.17 (0.62%)

16:55
08/17/18
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16:55
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Recommendations
SM Energy analyst commentary at MUFG »

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  • 19

    Aug

PENN

Penn National

$33.04

0.86 (2.67%)

16:51
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Penn National CEO acquires 100,000 common shares »

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FB

Facebook

$173.78

-0.98 (-0.56%)

16:49
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Periodicals
U.S. wants Facebook to help wiretap Messenger for criminal probe, Reuters says »

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  • 21

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WLK

Westlake Chemical

$95.61

-1.33 (-1.37%)

16:46
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Westlake Chemical raises quarterly dividend 19% to 25c per share »

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  • 05

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EAST

Eastside Distilling

$7.40

-0.01 (-0.13%)

16:45
08/17/18
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16:45
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Breaking Syndicate news story on Eastside Distilling »

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LOV

Spark Networks

$12.80

-0.095 (-0.74%)

16:44
08/17/18
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16:44
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16:44
Syndicate
Spark Networks files to sell 515,416 ordinary shares for holders »

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AHPA

Avista Healthcare Public Acquisition Corp.

$10.12

(0.00%)

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Avista Healthcare Public Acquisition Corp., Organogenesis announce combination »

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TCF

TCF Financial

$25.84

0.17 (0.66%)

16:41
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Hot Stocks
TCF Financial COO sells 77,725 common shares »

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LGF.A

Lionsgate

$22.95

-0.11 (-0.48%)

16:38
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  • 11

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Breaking General news story  »

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MSL

MidSouth Bancorp

$14.90

0.1 (0.68%)

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EME

EMCOR

$77.96

1.005 (1.31%)

16:31
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Hot Stocks
Emcor CEO sells 23,434 common shares »

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16:30
08/17/18
08/17
16:30
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Options
Preliminary option volume of 22.3M today »

Preliminary option volume…

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