Wedbush Reiterates Underperform on SoFi Techs, Maintains $3 Price Target
Portfolio Pulse from richadhand@benzinga.com
Wedbush analyst David Chiaverini has reiterated an 'Underperform' rating on SoFi Techs (NASDAQ:SOFI) and maintained a $3 price target.

August 01, 2023 | 3:25 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Wedbush analyst has reiterated an 'Underperform' rating on SoFi Techs and maintained a $3 price target, which could 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. The maintained low price target of $3 also suggests that the analyst does not see significant upside potential in the stock, which could discourage investors and put downward pressure on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100