SoFi stock closed 2.81% lower on Monday and fell further by 0.5% in premarket trading on Tuesday. This comes after Bank of America Securities downgraded the scrip due to valuation concerns.
Latest Ratings for SOFI
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Mar 2022 | Piper Sandler | Initiates Coverage On | Neutral | |
| Mar 2022 | Morgan Stanley | Maintains | Overweight | |
| Mar 2022 | Credit Suisse | Maintains | Neutral |
