SoFi Technologies Shares Fall After Keefe, Bruyette & Woods Downgrade
MT Newswires Live01-03
SoFi Technologies (SOFI) shares fell 8.6% in recent trading Thursday after Keefe, Bruyette & Woods downgraded the stock to underperform from market perform.
The brokerage raised the price target on the stock to $8 from $7.
Intraday volume topped 60.3 million shares against the daily average of 53 million.
Price: 14.08, Change: -1.33, Percent Change: -8.60
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.