Deutsche Just Cut Its Price Target on SoFi (SOFI) Stock

SoFi Technologies (NASDAQ:SOFI) is once again one of today’s top movers for all the wrong reasons. Shares of the fintech stock are down another 4% in today’s session after SOFI stock plunged roughly 10% yesterday following the company’s earnings report.Today’s move appears to be tied to a key downgrade from Deutsche Bank analyst Mark DeVries, who lowered his price target on the stock to $11 from $12. This analyst did maintain a “hold” rating, but it’s clear that Wall Street is souring on the up-and-coming f ...