Citi analyst Peter Christiansen raised the firm’s price target on SoFi Technologies (SOFI) to $37 from $28 and keeps a Buy rating on the shares. The company reported better than expected Q3 results and upped its outlook, the analyst tells investors in a research note. Citi believes SoFi’s credit and third party momentum is “hard to ignore.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SOFI:
- SoFi Technologies price target raised to $28 from $26 at JPMorgan
- SoFi Technologies price target raised to $20 from $18 at Keefe Bruyette
- SoFi Technologies price target raised to $23 from $21 at Barclays
- SoFi’s Strong Financial Performance and Strategic Initiatives Justify Buy Rating and Increased Price Target
- SoFi Stock Bagged Bullish Ratings from Top Analysts Post Q3 Earnings