Rosenblatt Securities analyst Sean Horgan initiated coverage with a Buy rating on SoFi Technologies (SOFI) today and set a price target of $30.00. The company’s shares closed last Tuesday at $20.80, close to its 52-week low of $20.00.
According to TipRanks.com, Horgan is a 3-star analyst with an average return of 6.8% and a 56.7% success rate. Horgan covers the Technology sector, focusing on stocks such as Fidelity National Info, Tradeweb Markets, and Paypal Holdings.
Currently, the analyst consensus on SoFi Technologies is a Moderate Buy with an average price target of $27.50, implying a 27.4% upside from current levels. In a report issued on June 1, Oppenheimer also initiated coverage with a Buy rating on the stock with a $25.00 price target.
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