Deutsche Just Raised Its Price Target on SOFI Stock

SoFi (NASDAQ:SOFI) stock is in the red today despite the company reporting excellent fourth-quarter earnings yesterday and receiving an upgrade from Deutsche Bank analyst Mark DeVries. DeVries raised his price target to $12 from $11 while maintaining a “hold” rating. DeVries is a highly ranked analyst on TipRanks. Among the 8,695 Wall Street analysts tracked by the site, DeVries come in at 149. He carries a success rate of 63% and an average one-year return of 16%.SOFI carries an average price target of $9. ...