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Morgan Stanley Reports Positive Outlook on Lending Club
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News Roundup
Morgan Stanley Reports Positive Outlook on Lending Club

Morgan Stanley Reports Positive Outlook on Lending Club

Fintech Nexus Staff·
News RoundupOnline LendingUSA
·Jan. 25, 2017·1 min read

Morgan Stanley Analyst James Faucette says Lending Club has upside potential of 35%; cites institutional investment, loan growth at moderate but sustained pace and industry contacts reporting no deterioration in reinvestment or retention rates; targets the stock at $8; the company will announce Q4 and year-end earnings on February 14th.  Source

  • Fintech Nexus Staff
    Fintech Nexus Staff

    This piece was created by one of our content team members. Reach us at [email protected]

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