Truist lowered the firm’s price target on SoFi Technologies (SOFI) to $28 from $31 and keeps a Hold rating on the shares. The firm is lowering its estimates for revenue and earnings in Q4, 2026, and 2027 on expectation of a slowdown due to tougher comps as SoFi is beginning to lap some outsized growth in their Loan Platform Business, the analyst tells investors in a research note.
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