Deutsche Bank Maintains Hold on SoFi Techs, Lowers Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Mark Devries maintains a Hold rating on SoFi Technologies (SOFI) and lowers the price target from $12 to $11.

April 30, 2024 | 4:47 pm
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Deutsche Bank maintains a Hold rating on SoFi Technologies and lowers the price target from $12 to $11.
The reduction in the price target by Deutsche Bank suggests a more cautious outlook on SoFi Technologies' stock, potentially due to revised earnings expectations or market conditions. This adjustment is likely to influence investor sentiment negatively in the short term, as price target reductions often signal analyst concerns about a company's future performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100