Truist Securities Maintains Buy on SoFi Techs, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Andrew Jeffrey maintains a 'Buy' rating on SoFi Techs (NASDAQ:SOFI) but lowers the price target from $16 to $14.
October 31, 2023 | 4:43 pm
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Truist Securities has maintained a 'Buy' rating on SoFi Techs but lowered the price target from $16 to $14.
The news is directly related to SoFi Techs as Truist Securities has maintained a 'Buy' rating on the company but lowered the price target. This could lead to mixed reactions in the market, with some investors seeing the lowered price target as a negative sign, while others may still see potential due to the maintained 'Buy' rating. Therefore, the short-term impact on the stock price is neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100