SoFi Technologies (SOFI) stock slips again as Needham trims target after $1 billion quarter
SoFi shares fell 1.5% to $22.47 midday Monday, trailing the S&P 500’s 0.5% gain, after Needham cut its price target to $33 but kept a Buy rating. The company reported Q4 GAAP net revenue of $1.03 billion and a 23% drop in tech-platform accounts after a major client exit.