Lending Club Started With Buy Rating 
<p>Jefferies initiated coverage on <a href='https://financialmodelingprep.com/financial-summary/LC'>Lending Club (NYSE:LC)</a> with a Buy rating and a price target of $13.50, noting that the company is a pioneer in the Fintech sector with a strong track record, bank charter, and a technologically advanced lending platform. </p>
<p>The analysts anticipate an improvement in ROE by mid-2023, offering various catalysts for increased ROE and valuation. Additionally, the analysts highlighted competitive advantages related to the bank charter and a well-diversified growth strategy.</p>

NYSE:LC