The Traderszone Network

Published in TZ Latest News 14 October, 2021 by The TZ Newswire Staff

Why Shares of SoFi Surged This Week

Shares of the popular fintech company SoFi Technologies (NASDAQ: SOFI) had jumped more than 20% on the week at the end of trading Thursday, after receiving several bullish calls from analysts and a television personality.

On Monday, Morgan Stanley analyst Betsy Graseck initiated coverage on SoFi, assigning the stock an overweight rating and a $25 price target. Even after its run this week, SoFi trades at roughly $19.62 per share.

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