Bullish
SoFi Technologies (SOFI) stock rises 2.68% to $18.43 amid positive analyst outlook.
In the past 24 hours, SoFi Technologies' stock price increased by 2.68%, closing at $18.43. This uptick follows a positive analyst outlook, with Keefe, Bruyette & Woods raising their price target for SOFI to $7.50 from $6.50 and upgrading the stock rating to 'market perform' from 'underperform.' The firm cited reduced near-term negative catalysts and improved earnings outlook due to SoFi's recent capital raise.
Key points
- Keefe, Bruyette & Woods raises SOFI price target to $7.50, upgrades rating to 'market perform.'
- No significant company-specific news reported in the last 24 hours.
Sources
AI-generated from public news sources. Not financial advice.
