Citi raised the firm’s price target on SoFi Technologies (SOFI) to $28 from $18 and keeps a Buy rating on the shares. The firm sees the company’s momentum continuing with its crypto offerings helping margins amid stable credit trends.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SOFI:
- SoFi Technologies price target raised to $24 from $22 at JPMorgan
- SoFi Stock Falls Despite Lightspark Partnership
- ‘SPAC king’ Palihapitiya Returns to the Public Markets with New Blank-Check Firm
- Blockchain Lender Figure Is the Latest Crypto Firm to Announce an IPO
- Morning News Wrap-Up: Tuesday’s Biggest Stock Market Stories!