KBW Lowers SoFi Rating: Reasons Behind the Downgrade

Reported 3 days ago

KBW has downgraded SoFi Technologies (SOFI) from Market Perform to Underperform, citing concerns that the company's growth may not meet Wall Street's expectations despite general investor optimism towards fintech firms. Analysts Julie Hyman and Josh Lipton provide an analysis of the downgrade and its implications for investors.

Source: YAHOO

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