SoFi Technologies Inc. Sees Stock Surge Following Upgrade

Reported 1 day ago

SoFi Technologies Inc. (NASDAQ:SOFI) saw its stock climb 4.63% on Friday, closing at $12.88, following an upgrade from Citizens JMP, which set a price target of $17. The positive outlook is attributed to SoFi's potential for robust growth and improved profitability as it approaches GAAP profitability. This upward trend occurs as the broader market gains traction ahead of upcoming corporate earnings.

Source: YAHOO

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