SoFi Technologies Tumbles on Underperform Rating. Is Bank of America Wrong?

Core Viewpoint - SoFi Technologies shares experienced a decline of nearly 8% following Bank of America's resumption of coverage with an underperform rating and a price target of $20.50, indicating a potential downside of 30% from its current trading level [1] Company Summary - SoFi Technologies (NASDAQ: SOFI) saw its stock price drop almost 8% [1] - Bank of America (NYSE: BAC) has set a price target of $20.50 for SoFi, suggesting a 30% downside from its trading price at the time of the report [1]