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Trendonify-Oct 13, 12:00 PM
StoneX initiated SoFi at Buy with a $25 target
On October 13, StoneX initiated coverage with a Buy rating and $25 target. The stock’s prior close was $15.23, down 3.61%. The report cited second-quarter growth in members, deposits, products and profit, and said first-half earnings growth had lagged revenue growth partly due to marketing spending.