Keefe Bruyette upgraded SoFi Technologies to Market Perform from Underperform with a $7.50 price target. Shares have “pulled back considerably” over the past couple of months, and the company’s Q3 earnings should generally look in line given its intra-quarter commentary, the analyst tells investors in a research note. The firm adds that the management’s position on capital or achieving GAAP profitability in Q4 is unlikely to change from prior corporate communication.
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