Yahoo finance sofi analysts using Yahoo Finance SoFi note

Analysts using Yahoo Finance SoFi note price support around $7.50, with federal interest rate pause likely to favor digital banking adoption. Several hedge funds increased SoFi exposure in February. However, if you don’t qualify for SoFi’s highest savings account rate, you only earn 1% APY. With Chime, savings account balances earn 2% APY no matter what. Therefore, the bank with the better rates depends on whether you can meet SoFi’s requirements. The company said it made the move in response to demand for more offerings. Long-term investors monitoring Yahoo Finance SoFi are targeting $12 price recovery within 12 months, contingent on successful scaling of technology-driven financial products.