JPMorgan raised the firm’s price target on LendingClub (LC) to $25 from $22 and keeps an Overweight rating on the shares as part of a 2026 outlook on the financial technology group. The firm sees a “soft-landing grind” in 2026 with slowing real growth for the sector, driven by a weakening labor market and the lagged tariff effects, partially offset by tax cuts.
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Read More on LC:
- LendingClub management to meet with Needham
- LendingClub upgraded to Outperform from Market Perform at Citizens JMP
- LendingClub price target raised to $22 from $20 at Keefe Bruyette
- LendingClub price target raised to $26 from $18 at BTIG
- LendingClub price target raised to $20 from $17 at Janney Montgomery Scott