Piper Sandler Maintains Neutral on SoFi Techs, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Kevin Barker maintains a Neutral rating on SoFi Technologies (SOFI) and lowers the price target from $8.5 to $8.
March 11, 2024 | 12:04 pm
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NEGATIVE IMPACT
Piper Sandler maintains a Neutral rating on SoFi Technologies and lowers the price target from $8.5 to $8.
The reduction in price target by Piper Sandler could lead to a negative short-term sentiment among investors, potentially causing a decrease in SOFI's stock price. The Neutral rating suggests no significant positive catalysts in the near term to counterbalance the lowered price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100