KBW keeps SoFi Technologies at Underperform and lifts target to $16
Keefe, Bruyette & Woods kept its Underperform rating on SoFi Technologies and raised its price target to $16 from $15, Dow Jones Newswires reported.
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what happened
Keefe, Bruyette & Woods maintained its Underperform rating on SoFi Technologies shares, meaning the firm expects the stock to lag the broader market. At the same time, it raised its price target to $16 per share from $15.
Dow Jones Newswires reported the move, citing Benzinga's ratings data.
why it matters
The rating itself was unchanged, so the higher target points to a modest revision of valuation rather than a new view on the company. Such adjustments usually matter to investors mainly when weighed against other analysts' estimates.
tags
instruments
sources
- SoFi Technologies Is Maintained at Underperform by Keefe, Bruyette & Woods — Dow Jones Newswires, 28 October 2026 at 11:02 UTC
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