Analysts have been eager to weigh in on the Financial sector with new ratings on SoFi Technologies (SOFI – Research Report), Bank Of Marin Bancorp (BMRC – Research Report) and Independent Bank (IBCP – Research Report).
SoFi Technologies (SOFI)
Compass Point analyst Giuliano Bologna reiterated a Sell rating on SoFi Technologies today and set a price target of $4.00. The company’s shares closed last Monday at $7.05.
According to TipRanks.com, Bologna is a 5-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for SoFi Technologies with a $9.14 average price target, a 24.0% upside from current levels. In a report released today, Wedbush also assigned a Sell rating to the stock with a $4.00 price target.
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Bank Of Marin Bancorp (BMRC)
In a report released today, Jeff Rulis from D.A. Davidson maintained a Hold rating on Bank Of Marin Bancorp, with a price target of $15.00. The company’s shares closed last Monday at $14.44, close to its 52-week low of $12.89.
According to TipRanks.com, Rulis is a 4-star analyst with an average return of
Currently, the analyst consensus on Bank Of Marin Bancorp is a Hold with an average price target of $18.50, implying a 20.5% upside from current levels. In a report released today, Stephens also maintained a Hold rating on the stock with a $16.00 price target.
Independent Bank (IBCP)
In a report released today, Peter Winter from D.A. Davidson maintained a Hold rating on Independent Bank, with a price target of $28.00. The company’s shares closed last Monday at $24.99.
According to TipRanks.com, Winter is a 2-star analyst with an average return of
Currently, the analyst consensus on Independent Bank is a Hold with an average price target of $27.00, implying an 8.0% upside from current levels. In a report issued on April 26, KBW also assigned a Hold rating to the stock with a $26.00 price target.
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Read More on SOFI:
- SOFI Earnings: SoFi Surpasses Expectations with Q1 Triumph
- SoFi Technologies raises FY24 EPS view to 8c-9c from 7c-8c, consensus 8c
- SoFi Technologies sees Q2 revenue $555M-$565M, consensus $580.73M
- SoFi Technologies reports Q1 EPS 2c, consensus 1c
- Options Volatility and Implied Earnings Moves Today, April 29, 2024
