Goldman Sachs Maintains Neutral on SoFi Techs, Raises Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Michael Ng has maintained a Neutral rating on SoFi Technologies (SOFI) and increased the price target from $7 to $8.
January 30, 2024 | 2:04 pm
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POSITIVE IMPACT
Goldman Sachs has maintained a Neutral rating on SoFi Technologies but raised the price target from $7 to $8, indicating a potential upside from the previous target.
The increase in price target by a reputable analyst like Goldman Sachs typically suggests a positive outlook on the stock's potential performance, which could lead to increased investor confidence and a short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100