SoFi Technologies Reaches Analyst Target Price
June 01, 2023 at 07:47 AM EDT
In recent trading, shares of SoFi Technologies Inc (SOFI) have crossed above the average analyst 12-month target price of $6.90, changing hands for $6.94/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..