Wedbush Reiterates Underperform on SoFi Techs, Maintains $3 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst David Chiaverini has reiterated an 'Underperform' rating on SoFi Techs (NASDAQ:SOFI) and maintained a $3 price target.
June 30, 2023 | 4:04 pm
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Wedbush analyst maintains 'Underperform' rating on SoFi Techs, with a $3 price target. This could potentially negatively impact the stock's performance.
The 'Underperform' rating from Wedbush indicates that the analyst believes SoFi Techs will do worse than the market average. This could lead to a decrease in the stock's price, especially if investors heed this advice. The maintained low price target of $3 also suggests that the analyst does not see significant growth potential in the near term.
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