SoFi Technologies price target raised to $12 from $11 at Barclays

Barclays raised the firm’s price target on SoFi Technologies (SOFI) to $12 from $11 and keeps an Equal Weight rating on the shares. The company’s Q1 adjusted revenue beat by 4%, driven by the lending segment, while financial services and tech were roughly in-line, the analyst tells investors in a research note.