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Lending Club Analyst Sees 'Risks Intensifying,' Maintains Sell With 16% Downside
Wednesday, January 6, 2016 - 12:17pm | 274Compass Point Research issued a company update on LendingClub Corp (NYSE: LC) amid valuation concerns due to the company's business risk profile. Compass Point maintained Lending Club's Sell rating and $9 price target. Analysts Michael Tarkan, Isaac Boltansky and Andrew Eskelsen wrote...
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The Market Is Overlooking 2U's New Contract Extension, Research Firm Says
Tuesday, November 10, 2015 - 10:24am | 323Shares of 2U Inc (NASDAQ: TWOU) have declined 40.25 percent over the past three months, touching a low of $20.30 on November 3. Compass Point’s Michael Tarkan has reiterated a Buy rating and price target of $40 on the company. Despite the recent underperformance of the stock, Tarkan...
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Venmo Monetization Means PayPal Is A Buy
Thursday, October 29, 2015 - 9:14am | 349The share price of Paypal Holdings Inc (NASDAQ: PYPL) has appreciated 13.24 percent in the last month, reaching a high of $36.57 on Wednesday. Compass Point’s Michael Tarkan has reiterated a Buy rating and price target of $45 on the company. While the company reported “noisy...
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Are Changes Coming To The P2P Lending Model?
Tuesday, September 29, 2015 - 4:20pm | 554Shares of LendingClub Corp (NYSE: LC) have lost nearly 50 percent year-to-date. The company's CEO continues to maintain a view that its peer-to-peer lending structure hasn't been impacted by the Madden v. Midland case. Michael Tarkan of Compass Point Research maintained a Sell rating and $12 price...
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Wall Street Analyst References 'Journey' To Show Excitement For Springleaf Holdings
Wednesday, September 9, 2015 - 10:33am | 284Following the recent pullback, Springleaf Holdings Inc (NYSE: LEAF) shares are down 20 percent, after touching a high of $53.60 on March 23. Compass Point’s Michael Tarkan initiated coverage of Springleaf Holdings with a Buy rating and a price target of $55. Following the recent...
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Compass Point: Buy PayPal
Friday, July 31, 2015 - 9:09am | 324In a report published Friday, Compass Point analyst Michael Tarkan initiated coverage of Paypal Holdings Inc (NASDAQ: PYPL) with a Buy rating and price target of $45. The company is well positioned due to its impressive growth, robust global brand and balance sheet to continue to benefit...
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How To Play Lending Club And On Deck Before Lock-Up Expirations
Tuesday, April 7, 2015 - 4:10pm | 243LendingClub Corp (NYSE: LC) and On Deck Capital Inc (NYSE: ONDK) are approaching sizable IPO lockup expirations this June. In light of these events, Compass Point analysts Michael Tarkan and Andrew Eskelsen took a look at IPO performance (2012-2014 period) as the companies go into and out of...
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UPDATE: Compass Point Initiates Coverage On On Deck Capital On Unfavorable Risk/Reward
Wednesday, March 18, 2015 - 9:43am | 192In a report published Wednesday, Compass Point analyst Michael Tarkan initiated coverage on On Deck Capital, Inc. (NYSE: ONDK) with a Sell rating and $14.00 price target. In the report, Compass Point noted, "We are initiating coverage of On Deck Capital (ONDK) with a Sell Rating and $14 price...
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Compass Point Sees Multiple Positive Factors For Nelnet
Monday, March 2, 2015 - 10:44am | 114In a report published Monday, Compass Point analyst Michael Tarkan reiterated a Buy rating and $54.00 price target on Nelnet, Inc. (NYSE: NNI). In the report, Compass Point noted, "We are reiterating our Buy rating and $54 price target on NNI after the company reported mixed 4Q14 earnings as weaker...
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Compass Point Raises Price Target On E*TRADE Financial As Capital Flexibility Is Finally Here
Friday, January 23, 2015 - 9:51am | 139In a report published Friday, Compass Point analyst Michael Tarkan reiterated a Buy rating on E*TRADE Financial Corp (NASDAQ: ETFC), and raised the price target from $26.00 to $28.00. In the report, Compass Point noted, “We are reiterating our Buy rating on ETFC shares and are raising our price...
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Compass Point Sees Trading And Buyback Momentum To Continue For TD Ameritrade
Thursday, January 22, 2015 - 8:57am | 125In a report published Thursday, Compass Point analyst Michael Tarkan reiterated a Neutral rating and $35.00 price target on TD Ameritrade Holding Corp. (NYSE: AMTD). In the report, Compass Point noted, “We are reiterating our Neutral rating and $35 price target on AMTD shares after the company...
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Compass Point Continues To See 2U As Unique Growth Story
Monday, December 1, 2014 - 9:46am | 175In a report published Monday, Compass Point analyst Michael Tarkan reiterated a Buy rating and $23.00 price target on 2U Inc (NASDAQ: TWOU). In the report, Compass Point noted, “We are reiterating our Buy rating and $23 price target on TWOU following our recent meetings with management. We are also...
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UPDATE: Compass Point Initiates Coverage On MoneyGram International On Everyday Low Prices
Friday, November 21, 2014 - 9:36am | 164In a report published Friday, Compass Point analyst Michael Tarkan initiated coverage on MoneyGram International (NASDAQ: MGI) with a Neutral rating and $9.00 price target. In the report, Compass Point noted, “We are assuming coverage of MoneyGram International (MGI) with a Neutral rating and $9...
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UPDATE: Compass Point Initiates Coverage On Western Union On Near-Term Catalysts, Ongoing Competitive Risk
Friday, November 21, 2014 - 9:21am | 152In a report published Friday, Compass Point analyst Michael Tarkan initiated coverage on The Western Union Company (NYSE: WU) with a Neutral rating and $20.00 price target. In the report, Compass Point noted, “We are assuming coverage of Western Union, Inc. (WU) with a Neutral rating and $20 price...
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UPDATE: Compass Point Initiates Coverage On Xoom On Slowing Growth At An Unreasonable Price
Friday, November 21, 2014 - 9:15am | 169In a report published Friday, Compass Point analyst Michael Tarkan initiated coverage on Xoom Corporation (NASDAQ: XOOM) with a Sell rating and $11.00 price target. In the report, Compass Point noted, “We are assuming coverage of Xoom Corporation (XOOM) with a Sell rating and $11 price target. Xoom...