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Wednesday, May 08, 2019 7:41:12 PM
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UPGRADE WITH 50% UPSIDE POTENTIAL IN LENDING CLUB
Yesterdays earnings report was not fantastic, but maybe came as a relief to many who expected worse. Revenue was the main positive, haven risen to $174 mil for the quarter in comparison to $151 mil one year ago. This morning the first upgrade has been published by Wedbush, raising the price target to $5, representing considerable upside from the $3.22 closing price.
Yesterdays earnings report was not fantastic, but maybe came as a relief to many who expected worse. Revenue was the main positive, haven risen to $174 mil for the quarter in comparison to $151 mil one year ago. This morning the first upgrade has been published by Wedbush, raising the price target to $5, representing considerable upside from the $3.22 closing price.
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