KBW Sticks to Its Sell Rating for SoFi Technologies (SOFI)
In a report released today, Tim Switzer from KBW reiterated a Sell rating on SoFi Technologies (SOFI – Research Report), with a price target of $9.00.
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Switzer covers the Financial sector, focusing on stocks such as Newtek Business, Bancorp, and Mid Penn Bancorp. According to TipRanks, Switzer has an average return of 0.1% and a 42.86% success rate on recommended stocks.
In addition to KBW, SoFi Technologies also received a Sell from Bank of America Securities’s Mihir Bhatia in a report issued yesterday. However, today, Barclays maintained a Hold rating on SoFi Technologies (NASDAQ: SOFI).
The company has a one-year high of $18.42 and a one-year low of $6.01. Currently, SoFi Technologies has an average volume of 51.53M.
Read More on SOFI:
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