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SoFi Technologies Inc. shares have more than doubled this year, but they’re still cheap in the eyes of BTIG analyst Lance Jessurun.
“Ultimately, while SoFi’s shares may be inexpensive now, it’s difficult to see valuation remaining this low,” he wrote in a Tuesday note to clients, as he initiated coverage of the financial-technology name with a buy rating and $14 target price.
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This post was originally published on Market Watch
