SoFi Technologies (SOFI) shares opened comfortably in the green on Monday morning after a senior Piper Sandler **** yst initiated coverage on the digital financial services company. In his research note, Patrick Moley **** igned SOFI an "Overweight" rating and set a $22 price objective, indicating potential upside of more than 20% over the next 12 months.
Moley's bullish call is particularly significant given SOFI stock has already rallied sharply since late July.
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Moley's bullish call is particularly significant given SOFI stock has already rallied sharply since late July.
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1 month ago
