SoFi (SOFI) Stock: $9 Price Target And Buy Rating

By Amit Chowdhry ● May 18, 2022
  • The shares of SoFi Technologies Inc (NASDAQ: SOFI) have received a $9 price target from Mizuho. These are the details.

The shares of SoFi Technologies Inc (NASDAQ: SOFI) have received a $9 price target from Mizuho. And Mizuho analyst Dan Dolev is maintaining a “Buy” rating on the shares following the company’s first-quarter results.

Dolev noted that after significant de-ratings of stocks, the second half of 2022 could prove a boon for several companies in the financial technology space. And Dolev believes the payments sector is attractive for the second half of the year. 

Plus Dolev pointed out that if the economy holds, reaccelerating three-year-stack growth rates could result in positive stock reactions for several companies in the group.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.