SoFi Technologies price target cut to $17, shares fall 2%

SoFi Technologies price target Truist downgrade stock decline NASDAQ

Truist Financial lowered its price target for SoFi Technologies (NASDAQ:SOFI) to $17 per share. Following the downgrade, SoFi's stock dropped about 2.2% in trading.

The analyst downgrade and reduced target reflect Truist's revised outlook for the fintech company's earnings and growth prospects.

Sources

Acciones de SoFi Technologies caen tras resultados: Wall Street vigila soportes clave | Benzinga España [es.benzinga.com]

3 months ago

SoFi Technologies (NASDAQ:SOFI) Price Target Lowered to $17.00 at Truist Financial [www.americanbankingnews.com]

3 months ago

SoFi Technologies (NASDAQ:SOFI) Stock Price Down 3.7% After Analyst Downgrade [www.marketbeat.com]

3 months ago