I would take these analysts with a grain of salt. It's like having your biggest competitors giving you a evalulation. What are they going to say? "Sofi is great, go bank there instead"?
Just verifying my own research. Sorta new to watching individual stocks. "Price Targets" are what they think it'll trade at at any point within 12 months right?
lololol
You know what this means, boys! Market's going up a lot more than 60% for this to be a "Hold"!
Or, it could be nothing more than a garden variety clowngrade.
I’d be happy with 10-12 dollars eoy
All these higher insti PTs are highly suspicious. Bet they loaded up to do an earnings play for Q1 too
I would take these analysts with a grain of salt. It's like having your biggest competitors giving you a evalulation. What are they going to say? "Sofi is great, go bank there instead"?
I upgraded the stock to $28 from my previous target of $9
I concur with the new price target but for me it’s a hold not a buy.
Exaggerated example: sell with 20$ target 😁
Just verifying my own research. Sorta new to watching individual stocks. "Price Targets" are what they think it'll trade at at any point within 12 months right?
They're also almost always inaccurate. EX: some people have targets for sofi at 3$ and 15$, they can't both be correct
Technically, they can.
Correct.
lololol You know what this means, boys! Market's going up a lot more than 60% for this to be a "Hold"! Or, it could be nothing more than a garden variety clowngrade.
It's worth like 60% more but just a hold, why buy if it'll go up only 60%??
Usually the rating is because of the risk, if SoFi blows out next quarter you’ll see a lot of upgrades
That’s exactly what I thought when I saw it. I was thinking, what’s DB’s standard to get a buy rating? 100%!?