Tag

Analystdowngrade

All articles tagged with #analystdowngrade

finance-and-investments2 years ago

"SoFi's Stock Volatility: A Bearish Trend or a Chance to Buy?"

SoFi Technologies' stock experienced a significant drop after an analyst downgraded the company's rating and lowered the price target. Despite SoFi's revenue growth and member base expansion, its long-term earnings potential remains uncertain, leading to a speculative valuation. The stock trades at a low price-to-sales ratio but a high forward price-to-earnings ratio, making it potentially attractive to risk-tolerant investors. However, it may not be suitable for those averse to volatility. The Motley Fool's Stock Advisor service did not include SoFi in its top 10 recommended stocks, suggesting there may be better investment opportunities available.

finance-and-business2 years ago

"SoFi's Stock Slide: Analyzing the Downgrade and Future Prospects"

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.