LendingClub Stock Surges After Earnings Beat. Wedbush Likes What It Sees.

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Shares of LendingClub rallied Thursday aft the web-based lending institution posted better-than-expected third-quarter nett and analysts astatine Wedbush boosted their terms target.

The banal roseate 34.4% to $42.51. It traded arsenic precocious arsenic $44.66 connected Thursday, a 52-week high. LendingClub (ticker: LC) was connected gait for the largest percent summation since July 29, 2021, erstwhile it roseate astir 48%.

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