Monness Crespi initiates SOFI at Buy with a $20 target
The initiation provides a clear bullish view and sizable target-implied upside, but it is a single analyst opinion rather than a broader consensus signal.
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The initiation provides a clear bullish view and sizable target-implied upside, but it is a single analyst opinion rather than a broader consensus signal.
What happened, with direct paths to the underlying reporting
Monness Crespi initiated coverage of SOFI with a Buy rating and a $20 target, versus the reported price of $14.62, implying substantial analyst-projected upside.
Target: $20
Posted price: $14.62
Analyst firm: Monness
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