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Why SoFi Stock Went Soft on Thursday

Autonomous Research initiated coverage on SoFi stock that morning, however this didn't do much to change investor sentiment. The Autonomous Research news comes a day after a more discouraging piece of news on the analysis front. Piper Sandler (NYSE: PIPR) prognosticator Kevin Barker cut his price target on SoFi to $8 per share from the previous $10.