Mizuho Securities Thinks SoFi Technologies’ Stock is Going to Recover

Mizuho Securities analyst Dan Dolev initiated coverage with a Buy rating on SoFi Technologies (SOFIResearch Report) today and set a price target of $28.00. The company’s shares closed last Tuesday at $14.49, close to its 52-week low of $13.56.

According to TipRanks.com, Dolev is a 4-star analyst with an average return of 11.0% and a 61.7% success rate. Dolev covers the Technology sector, focusing on stocks such as Automatic Data Processing, Fidelity National Info, and Robinhood Markets.

SoFi Technologies has an analyst consensus of Strong Buy, with a price target consensus of $24.38.

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Based on the recent corporate insider activity of 46 insiders, corporate insider sentiment is neutral on the stock.

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