But a number of tailwinds underpinning the lending space appear to be translating into better results for LendingClub. According to a Federal Reserve study called, "Fintech Lending: Financial Inclusion, Risk Pricing, and Alternative Information," traditional lenders are pulling back and that's helping firms like LendingClub. "Based on analysis of LendingClub data that the researchers requested, they concluded that fintech is addressing the credit gap and broadening financial services to underserved borrowers," LendingClub said in a statement emailed to Business Insider. The firm said its machine learning capabilities and access to data allow it to say yes to more loans without increasing investor risk. Credit Suisse has a neutral stance on the stock, but a price target of $8 per share, 30% higher than its current market price.

https://finance.yahoo.com/news/tide-may-turning-lending-club-162300835.html