SoFi (SOFI) gains as results, outlook beat estimates
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- Wall St indexes advance with boost from chips, Iran optimism
- Intel soars after Trump says Apple agreed to work with chipmaker on US production
- Apple CEO warns price hikes 'unavoidable' as chip costs bite - WSJ
- Wall Street scrambles to lift Micron price targets ahead of earnings
- SanDisk and Micron surge as Apple confirms memory price pass-through
- Zelenskiy: best guarantee of Europe's future is fast-track EU membership for Ukraine
- Needham Starts NeoVolta (NEOV) at Buy
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Companies to add 40 million barrels of oil to US SPR after Iran war ends, energy secretary says
- China makes small dent in deflation battle as supply-demand imbalance persists
SoFi Technologies (SOFI) cut at Wedbush on potential downside risk to gain on sale margins
May 2, 2023 12:11 PM EDTSoFi Technologies (NASDAQ: SOFI) was cut to Neutral from Outperform, with its price target lowered to $5 from $8 per share by Wedbush analyst David Chiaverini in a note Tuesday.
The analyst explained that they are downgrading the stock as there "could be downside risk to its gain on sale margins and fair value marks of its loan... More
