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SOFI rises in early premarket after Scotiabank Outperform call

SoFi Technologies shares rose over 0.7% in early premarket Thursday. Scotiabank initiated coverage with an ‘Outperform’ rating and a $25 price target, implying 40.13% upside from the last close.

SOFI

Shares of SoFi Technologies Inc. (SOFI) rose over 0.7% in early premarket trading on Thursday, shortly after Scotiabank initiated coverage of the company with an ‘Outperform’ rating and a price target of $25.The target implies an upside potential of 40.13% from the stock’s last closing price.Scotia…