SoFi Technologies Inc (NASDAQ:SOFI), a prominent player in the online personal finance and banking sector, has been on a rollercoaster ride in the stock market over the past year.
The San Francisco-based company provides a wide array of financial products and services, including student loan refinancing, mortgages, personal loans, credit cards, investing and banking, accessible through both mobile and desktop interfaces.
SoFi Stock Analyst ‘As Bullish As Ever’
SoFi stock was recently applauded by Mizuho Securities analyst Dan Dolev. Coming out of management meetings with SoFi executives, Mizuho analysts were “as bullish as ever.”
The analyst highlighted healthy internal indicators and noted the company is being cautious about personal loan growth due to less upbeat external indicators. The DQ loan sale has strong economics, and life of loan losses are on track, despite variability from new shorter-duration loans.
Also Read: What’s Going On With SoFi Technologies Stock After Earnings?
Stock Performance Dynamic: What Do The Price Charts Say?
SoFi’s stock performance has been quite dynamic, with a 53.04% increase over the past year, contrasting with a -26.63% year-to-date decline. These fluctuations reflect ...Full story available on Benzinga.com
Related tickers: SOFI.
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