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SoFi Technologies Is Primed for a Rebound

·1 min read
SoFi Technologies Is Primed for a Rebound
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A fundamental analyst at Piper Sandler raised their rating on SoFi Technologies to "overweight" Monday with an upside price target of $10. In the daily bar chart of SOFI, below, we can see a big decline since November. The daily On-Balance-Volume (OBV) line has worked lower into May but now we might start to see a reversal.