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2021-10-11

Why SoFi Shares Are Trading Higher Today

SoFi Technologies Inc shares are trading higher after Morgan Stanley initiated coverage on the stock

Why SoFi Shares Are Trading Higher Today

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Z, but SOFI has a leg up given its roots in the hardest part of consumer finance, lending, along with a robust digital offering,\" she added.</p>\n<p>SoFi's technology platform allows customers to have an all-in-one app and website to trade, invest, apply for loans and more.</p>\n<p>The stock traded up more&nbsp;than 8% Monday morning, around $17.6 a share.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why SoFi Shares Are Trading Higher Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy SoFi Shares Are Trading Higher Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-10-11 22:33</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>SoFi Technologies Inc</b>&nbsp;shares are trading higher after Morgan Stanley initiated coverage on the stock with an Overweight rating, stating that two catalysts could help move the stock higher.</p>\n<p>Morgan Stanley analyst Betsy Graseck gave SoFi's stock a price target of $25.00, which&nbsp;is higher than the average Wall Street price target of $23.83.</p>\n<p>Graseck noted&nbsp;\"Initiating on SoFi, a powerful revenue growth story as it ramps share of the consumer financial services wallet.\"</p>\n<p>\"Competition is rising among challenger FinTechs for Gen Y &amp; Z, but SOFI has a leg up given its roots in the hardest part of consumer finance, lending, along with a robust digital offering,\" she added.</p>\n<p>SoFi's technology platform allows customers to have an all-in-one app and website to trade, invest, apply for loans and more.</p>\n<p>The stock traded up more&nbsp;than 8% Monday morning, around $17.6 a share.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SOFI":"SoFi Technologies Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167615278","content_text":"SoFi Technologies Inc shares are trading higher after Morgan Stanley initiated coverage on the stock with an Overweight rating, stating that two catalysts could help move the stock higher.\nMorgan Stanley analyst Betsy Graseck gave SoFi's stock a price target of $25.00, which is higher than the average Wall Street price target of $23.83.\nGraseck noted \"Initiating on SoFi, a powerful revenue growth story as it ramps share of the consumer financial services wallet.\"\n\"Competition is rising among challenger FinTechs for Gen Y & Z, but SOFI has a leg up given its roots in the hardest part of consumer finance, lending, along with a robust digital offering,\" she added.\nSoFi's technology platform allows customers to have an all-in-one app and website to trade, invest, apply for loans and more.\nThe stock traded up more than 8% Monday morning, around $17.6 a share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":673,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":2,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"hasMoreComment":false,"orderType":2}