Needham Is Pounding the Table on SoFi (SOFI) Stock

Shares of fintech powerhouse SoFi Technologies (NASDAQ:SOFI) have witnessed some rough waves this year. Still, SOFI stock is receiving a mid-week pop today courtesy of an optimistic analyst view. With the underlying company expanding its products and services, SoFi could rise above the muck.Needham analyst Kyle Peterson just initiated coverage of SOFI stock with a “buy” rating. In addition, the expert has a $10 price target for shares. Peterson wrote in a note to investors:“We view SoFi as a long-term winne ...