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Stock impact report

Analyst Opinion Mixed on SoFi Technologies (SOFI) Stock in February [Yahoo! Finance]

SoFi Technologies, Inc. (SOFI) 
Company Research Source: Yahoo! Finance
SoFi Technologies, Inc. (NASDAQ:SOFI) is one of the best WallStreetBets stocks to buy according to analysts According to a report released on February 18, Truist Financial analyst Matthew Coad reaffirmed a Hold rating on SoFi Technologies, Inc. (NASDAQ:SOFI). He lowered the firm's price target on the stock from $28 to $21. The firm's revised price target reflects an additional 18.2% upside from the current levels. Earlier, SoFi Technologies, Inc. (NASDAQ:SOFI) had already seen improving analyst sentiment prior to the rating. On February 9, Citizens JMP analyst Devin Ryan upgraded the stock from Market Perform to Outperform while keeping the firm's $30 price target. The firm's price target implies a further 66% upside from current levels, given a 35% YTD fall so far. According to the firm, the recent shift away from high-growth stocks has weighed on names like SoFi Technologies, Inc. (NASDAQ:SOFI). The firm said that the selloff is not mainly driven by short-term economic concer Show less Read more
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