SoFi Technologies shares are trading higher after Truist Securities maintained a Buy rating on the stock and raised its price target from $8 to $11.
Portfolio Pulse from Benzinga Newsdesk
SoFi Technologies shares are trading higher after Truist Securities maintained a Buy rating on the stock and raised its price target from $8 to $11.
June 12, 2023 | 2:35 pm
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POSITIVE IMPACT
Truist Securities maintained a Buy rating on SoFi Technologies and raised its price target from $8 to $11, resulting in higher trading.
SoFi Technologies is directly mentioned in the article, and the news of Truist Securities maintaining a Buy rating and raising its price target is likely to have a positive impact on the stock price in the short term. The higher price target indicates increased confidence in the company's performance and potential growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100