On October 31, 2023, Morgan Stanley upgraded their outlook for SoFi Technologies from Underweight to Equal-Weight.
“As of October 5, 2023, the average one-year price target for SoFi Technologies is 10.27. The forecasts range from a low of 3.03 to a high of $16.80. The average price target represents an increase of 47.95% from its latest reported closing price of 6.94.”
Other investors' trends:
Yesterday, Cathie Wood-led Ark Invest made a significant purchase in SoFi Technologies acquiring 473,225 shares, which equates to 0.4507% of their ARKF ETF.
Silver Lake Group, L.L.C –> No change over the last quarter at 31,154K shares representing 3.28% ownership of the company.
VTSMX – Vanguard Total Stock Market Index Fund Investor Shares –> Increased its portfolio allocation in SOFI by 37.63% over the last quarter. Holds 25,032K shares representing 2.63% ownership of the company.
NAESX – Vanguard Small-Cap Index Fund Investor Shares –> Increased its portfolio allocation in SOFI by 38.02% over the last quarter. Holds 20,646K shares representing 2.17% ownership of the company.
D. E. Shaw –> Increased its portfolio allocation in SOFI by 416.43% over the last quarter. Hold 15,538K shares represent 1.64% ownership of the company.
Two Sigma Advisers holds 13,487K shares representing 1.42% ownership of the company.
https://fintel.io/news/morgan-stanley-upgrades-sofi-technologies-sofi-996
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