Mizuho raised the firm’s price target on SoFi Technologies (SOFI) to $26 from $20 and keeps an Outperform rating on the shares. The firm says the company’s Q2 report was strong across all important metrics. SoFi’s home lending origination grew over 90%, which is “simply the beginning” as it was done in a still weak housing mortgage market, the analyst tells investors in a research note.
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