SoFi Technologies (SOFI) Receives a Hold from Morgan Stanley

In a report released today, Jeffrey Adelson from Morgan Stanley maintained a Hold rating on SoFi Technologies (SOFIResearch Report), with a price target of $6.50. The company’s shares closed yesterday at $6.68.

According to TipRanks, Adelson is ranked #4504 out of 8303 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for SoFi Technologies with a $7.95 average price target.

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SOFI market cap is currently $6.24B and has a P/E ratio of -16.54.

Based on the recent corporate insider activity of 87 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of SOFI in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Social Capital Hedosophia Holdings Corp V is a blank check company.

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