LC Crosses Above Average Analyst Target

In recent trading, shares of LendingClub Corp (NYSE: LC) have crossed above the average analyst 12-month target price of $4.83, changing hands for $4.93/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price […]

http://www.forbes.com/sites/dividendchannel/2016/11/01/lc-crosses-above-average-analyst-target/

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