Mizuho Securities Sticks to Its Buy Rating for SoFi Technologies (SOFI)

Mizuho Securities analyst Dan Dolev maintained a Buy rating on SoFi Technologies (SOFI - Research Report) today and set a price target of $6.00. The companys shares closed yesterday at $4.64.

According to TipRanks, Dolev is an analyst with an average return of -3.5% and a 45.53% success rate. Dolev covers the Services sector, focusing on stocks such as Fidelity National Info, Mastercard, and Visa.

Currently, the analyst consensus on SoFi Technologies is a Moderate Buy with an average price target of $7.68, a 65.52% upside from current levels. In a report released on November 11, Wedbush also maintained a Buy rating on the stock with a $8.00 price target.

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Based on SoFi Technologies latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $423.99 million and a GAAP net loss of $74.21 million. In comparison, last year the company earned a revenue of $272.01 million and had a GAAP net loss of $30.05 million

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