"SoFi's Stock Slide: Analyzing the Downgrade and Future Prospects"
TL;DR Summary
SoFi Technologies, Inc. (SOFI) shares dropped by approximately 13% after an analyst at Keefe, Bruyette & Woods downgraded the stock from Market Perform to Underperform and reduced the price target. This movement was attributed to the stock's recent outperformance and adjustments in the analyst's model. The article also lists other stocks that experienced significant movements in Wednesday's trading session, including both gainers and losers across various sectors.
Topics:business##analystdowngrade#finance-and-business#marketmovers#sofitechnologies#stockmarket#trading
- Why SoFi Technologies Shares Are Trading Lower By Around 13%? Here Are Other Stocks Moving In Wednesday’s Benzinga
- Where Will SoFi Stock Be in 2024? Yahoo Finance
- Analyst Downgrade Sparks SoFi (NASDAQ:SOFI) Slide - TipRanks.com TipRanks
- SoFi's Looking Pretty Soft - TheStreet's Real Money Pro RealMoney
- 1 Under-the-Radar Growth Stock to Buy and Hold The Motley Fool
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
4 min
vs 5 min read
Condensed
92%
834 → 67 words
Want the full story? Read the original article
Read on Benzinga