Where SoFi Techs Stands With Analysts
Portfolio Pulse from Benzinga Insights
SoFi Techs (NASDAQ:SOFI) has received a mix of analyst ratings over the last quarter, with 4 bullish, 3 somewhat bullish, 5 indifferent, 3 somewhat bearish, and 1 bearish. The average price target among these 16 analysts is $7.16, which is below the current price of $8.405, implying a potential downside. However, this average price target has increased by 6.87% over the past month.
June 30, 2023 | 8:01 pm
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NEGATIVE IMPACT
Mixed analyst ratings for SoFi Techs could lead to uncertainty among investors. The average price target suggests a potential downside, but the recent increase in this target could indicate growing confidence.
The mixed analyst ratings for SoFi Techs indicate differing opinions on the company's prospects. The average price target is below the current price, suggesting a potential downside. However, the recent increase in the average price target could indicate growing confidence among analysts, which could influence investor sentiment positively.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100