Bullish
SoFi Technologies' stock rises 2.6% after analyst upgrade to $18.00 price target
On July 28, 2026, SoFi Technologies' stock increased by 2.6% following an upgrade from Truist Financial, which raised its price target from $17.00 to $18.00. The upgrade reflects confidence in SoFi's growth prospects and strategic initiatives.
Key points
- Analyst Upgrade: Truist Financial raised SoFi's price target to $18.00, maintaining a 'Hold' rating.
- Stock Performance: Following the upgrade, SoFi's stock price rose to $16.88, up 2.6% from the previous close.
- Market Sentiment: The upgrade suggests positive sentiment toward SoFi's strategic direction and growth potential.
Sources
AI-generated from public news sources. Not financial advice.