This Is What Whales Are Betting On SoFi Techs
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors have shown a bullish sentiment towards SoFi Techs (NASDAQ:SOFI), with a notable increase in options activity. Benzinga's tracking revealed 60% bullish and 40% bearish sentiment among these investors, targeting a price range of $3.5 to $7.5. The company, known for its financial services, has seen a recent price drop of -2.49%, with an RSI indicating a neutral position. Analysts have mixed views, with target prices ranging from $3 to $12.
April 02, 2024 | 2:30 pm
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SoFi Techs has seen increased options activity with a bullish sentiment from major investors, despite a recent price drop and mixed analyst ratings.
The significant options activity, especially the bullish sentiment from deep-pocketed investors, suggests a positive outlook for SOFI's stock price in the short term. However, the mixed analyst ratings and the recent price drop add a layer of uncertainty. The bullish sentiment from investors, targeting a price range significantly above the current trading price, alongside the company's diverse financial services, could drive short-term interest and potentially uplift the stock price.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100