SoFi Technologies price target raised to $37 from $28 at Citi

Citi analyst Peter Christiansen raised the firm’s price target on SoFi Technologies (SOFI) to $37 from $28 and keeps a Buy rating on the shares. The company reported better than expected Q3 results and upped its outlook, the analyst tells investors in a research note. Citi believes SoFi’s credit and third party momentum is “hard to ignore.”