SoFi Is 'Slightly Overvalued' At $24, Says Analyst: Sees Fair Value Closer To $20 Ahead Of Company's Q4 Results - SoFi Technologies (NASDAQ:SOFI)
Ahead of SoFi Technologies Inc.’s (NASDAQ:SOFI) fourth-quarter results, analyst Parkev Tatevosian, CFA, is urging caution regarding the stock, especially at its current levels.SoFi Is ‘Slightly Overvalued’Tatevosian, who said he had been “bullish on SoFi stock for a long time,” now views the company as “slightly overvalued” and not an attractive buy ahead of earnings, citing elevated volatility and limited upside relative to risk.According to his proprietary models, “SoFi stock is worth about $20 a share, $ ...