BofA analyst Mihir Bhatia lowered the firm’s price target on SoFi Technologies (SOFI) to $20 from $20.50 and keeps an Underperform rating on the shares. The company reported solid Q4 results but its 2026 guidance missed below BofA’s estimates despite being better than consensus, the analyst tells investors in a research note. The firm continues to view SoFi’s valuation as “stretched relative to peers.”
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