Rosenblatt Securities analyst Sean Horgan maintained a Buy rating on SoFi Technologies (SOFI – Research Report) yesterday and set a price target of $25.00. The company’s shares closed last Wednesday at $12.58, close to its 52-week low of $11.83.
According to TipRanks.com, Horgan is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -8.7% and a 37.4% success rate. Horgan covers the Technology sector, focusing on stocks such as Fidelity National Info, Robinhood Markets, and Tradeweb Markets.
Currently, the analyst consensus on SoFi Technologies is a Moderate Buy with an average price target of $20.30, implying a 54.5% upside from current levels. In a report issued on January 18, Wedbush also initiated coverage with a Buy rating on the stock with a $20.00 price target.
SoFi Technologies’ market cap is currently $10.15B and has a P/E ratio of -7.47.
Based on the recent corporate insider activity of 84 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SOFI in relation to earlier this year.
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