Tuesday, 02 January 2024 12:17 GMT

Sofi Stock Draws Heavy Retail Chatter Amid Wall Street Optimism: Here's The New Price Target By Mizuho


(MENAFN- AsiaNet News)

SoFi Technologies Inc. (SOFI) stock drew investor attention on Friday with the digital financial services provider seeing a 72% increase in user message count over 24 hours on Stocktwits.

On Thursday, Mizuho Securities raised its price target on the stock $31 from $26, while keeping its 'Outperform' rating on the stock, according to TheFly. The move reflects confidence that SoFi stands to benefit should interest rates start falling. 

SoFi Technologies' stock traded over 3% higher on Friday morning.  

Get updates to this developing story directly on Stocktwits.

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