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Analysts’ Opinions Are Mixed on These Financial Stocks: Progressive (PGR) and SoFi Technologies (SOFI)

Analysts have been eager to weigh in on the Financial sector with new ratings on Progressive (PGRResearch Report) and SoFi Technologies (SOFIResearch Report).

Progressive (PGR)

Wells Fargo analyst Elyse Greenspan maintained a Sell rating on Progressive today and set a price target of $88.00. The company’s shares closed last Tuesday at $103.24.

According to TipRanks.com, Greenspan is a 5-star analyst with an average return of 11.5% and a 64.3% success rate. Greenspan covers the Financial sector, focusing on stocks such as American International Group, Marsh & Mclennan Companies, and United Insurance Holdings.

The word on The Street in general, suggests a Hold analyst consensus rating for Progressive with a $106.64 average price target, a 1.3% upside from current levels. In a report issued on February 17, Barclays also maintained a Sell rating on the stock with a $85.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

SoFi Technologies (SOFI)

In a report released today, Dan Dolev from Mizuho Securities maintained a Buy rating on SoFi Technologies, with a price target of $17.00. The company’s shares closed last Tuesday at $11.20, close to its 52-week low of $8.82.

According to TipRanks.com, Dolev is a 3-star analyst with an average return of 1.5% and a 48.8% success rate. Dolev covers the Technology sector, focusing on stocks such as Automatic Data Processing, Fidelity National Info, and Robinhood Markets.

Currently, the analyst consensus on SoFi Technologies is a Moderate Buy with an average price target of $18.85, a 57.6% upside from current levels. In a report issued on February 22, Rosenblatt Securities also maintained a Buy rating on the stock with a $22.00 price target.

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