SoFi Technologies selloff Friday a buying opportunity, says Mizuho

Mizuho analyst Dan Dolev says SoFi Technologies’ call report published last week week weighed on the shares Friday. This concern is misplaced, the analyst tells investors in a research note. The $65M includes any sale that SoFi does year-to-date including standard reps and warranties requiring the company to purchase loans when borrowers fail to make their first payment, the analyst tells investors in a research note. The firm recommends buying the shares on weakness and keeps a Buy rating on the name with a $15 price target.