LendingClub Stock Surges on Record Earnings. Wedbush Likes What It Sees.

Text size Lending Club banners. Don Emmert/AFP via Getty Images Shares of LendingClub rallied Thursday after the web-based lending company posted better-than-expected third-quarter profit and analysts at Wedbush boosted their price target. The stock rose 34.4% to $42.51. It traded as high as $44.66 on Thursday, a 52-week high. LendingClub (ticker: LC) was on pace


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