Morgan Stanley downgraded SoFi Technologies(SOFI:NSD) to Equal Weight

STA Research
by: STA Research
IPOE Stock

Morgan Stanley downgraded SoFi Technologies to Equal Weight from Overweight, and cuts the target to $10 from $18.

Last week, Piper Sandler initiated with a Neutral rating and a $12 target on the company’s stock price.

Based on the SoFi Technologies Inc. Common Stock stock forecasts from 13 analysts, the average analyst target price for SoFi Technologies Inc. Common Stock is USD 0.00 over the next 12 months. SoFi Technologies Inc. Common Stock’s average analyst rating is . Stock Target Advisor’s own stock analysis of SoFi Technologies Inc. Common Stock is Neutral, which is based on 0 positive signals and 0 negative signals. At the last closing, SoFi Technologies Inc. Common Stock’s stock price was USD 8.20. SoFi Technologies Inc. Common Stock’s stock price has changed by -1.52% over the past week, -4.38% over the past month and +0.00% over the last year.

SoFi Technologies, Inc. is an online personal finance startup based in the United States. SoFi, based in San Francisco, offers financial services such as student and vehicle loan refinancing, mortgages, personal loans, credit cards, investing, and banking via mobile and desktop apps.


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