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Moshimaru
2023-06-16

Whats the point of fanning a negative sentiment? To benefit short sellers?

SOFI Stock Alert: Oppenheimer Just Downgraded SoFi

SoFi Technologies (SOFI) stock is sliding lower on an analyst downgrade.Oppenheimer analyst Dominick

SOFI Stock Alert: Oppenheimer Just Downgraded SoFi

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Darren77
·2023-06-16
He is the short seller himself! Trying very hard to save his own ass! But he is wrong!!!
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To benefit short sellers?","highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/187900488786072","repostId":2343604972,"repostType":2,"repost":{"id":"2343604972","kind":"highlight","pubTimestamp":1686898973,"share":"https://www.laohu8.com/m/news/2343604972?lang=&edition=full","pubTime":"2023-06-16 15:02","market":"us","language":"en","title":"SOFI Stock Alert: Oppenheimer Just Downgraded SoFi","url":"https://stock-news.laohu8.com/highlight/detail?id=2343604972","media":"InvestorPlace","summary":"SoFi Technologies (SOFI) stock is sliding lower on an analyst downgrade.Oppenheimer analyst Dominick","content":"<html><head></head><body><ul><li><p><strong>SoFi Technologies</strong> (<strong><u>SOFI</u></strong>) stock is sliding lower on an analyst downgrade.</p></li><li><p>Oppenheimer analyst Dominick Gabriele dropped the stock to a “hold” rating.</p></li><li><p>This is due to the stock’s massive rally throughout the year.</p></li></ul><p><strong>SoFi Technologies</strong> (NASDAQ: <strong><u>SOFI</u></strong>) stock is taking a beating on Thursday after the company was downgraded by analysts at Oppenheimer.</p><p>Analyst Dominick Gabriele is behind today’s news as he drops shares of SOFI stock from an “outperform” rating to a “perform” rating. That matches the analysts’ consensus rating of “hold” for the stock based on 13 opinions.</p><p>The Oppenheimer analyst specifies that this downgrade is purely based on the valuation of SOFI stock. Here’s what he said about that in a note to clients obtained by <em>Seeking Alpha</em>:</p><blockquote>“This downgrade is purely on valuation after what we suspect is a significant short squeeze on a likely bear thesis based on account changes away from fair value accounting, inflated assumptions by management, capital capacity and worries about credit quality.”</blockquote><h2>What Else Gabriele Says About SOFI Stock</h2><p>Despite the downgrade, the Oppenheimer analyst has high hopes for SoFi in 2024. He upgraded his revenue estimate in this note from $2.4 billion to $2.6 billion. To put that in perspective, Wall Street is looking for SoFi to report revenue of $2.48 billion.</p><p>The stock is down nearly 2% on Thursday. However, SOFI is still up 107.16% year-to-date.</p></body></html>","source":"investorplace","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SOFI Stock Alert: Oppenheimer Just Downgraded SoFi</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSOFI Stock Alert: Oppenheimer Just Downgraded SoFi\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-06-16 15:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2023/06/sofi-stock-alert-oppenheimer-just-downgraded-sofi/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SoFi Technologies (SOFI) stock is sliding lower on an analyst downgrade.Oppenheimer analyst Dominick Gabriele dropped the stock to a “hold” rating.This is due to the stock’s massive rally throughout ...</p>\n\n<a href=\"https://investorplace.com/2023/06/sofi-stock-alert-oppenheimer-just-downgraded-sofi/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SOFI":"SoFi Technologies Inc."},"source_url":"https://investorplace.com/2023/06/sofi-stock-alert-oppenheimer-just-downgraded-sofi/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2343604972","content_text":"SoFi Technologies (SOFI) stock is sliding lower on an analyst downgrade.Oppenheimer analyst Dominick Gabriele dropped the stock to a “hold” rating.This is due to the stock’s massive rally throughout the year.SoFi Technologies (NASDAQ: SOFI) stock is taking a beating on Thursday after the company was downgraded by analysts at Oppenheimer.Analyst Dominick Gabriele is behind today’s news as he drops shares of SOFI stock from an “outperform” rating to a “perform” rating. That matches the analysts’ consensus rating of “hold” for the stock based on 13 opinions.The Oppenheimer analyst specifies that this downgrade is purely based on the valuation of SOFI stock. Here’s what he said about that in a note to clients obtained by Seeking Alpha:“This downgrade is purely on valuation after what we suspect is a significant short squeeze on a likely bear thesis based on account changes away from fair value accounting, inflated assumptions by management, capital capacity and worries about credit quality.”What Else Gabriele Says About SOFI StockDespite the downgrade, the Oppenheimer analyst has high hopes for SoFi in 2024. He upgraded his revenue estimate in this note from $2.4 billion to $2.6 billion. To put that in perspective, Wall Street is looking for SoFi to report revenue of $2.48 billion.The stock is down nearly 2% on Thursday. 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Trying very hard to save his own ass! But he is wrong!!!<span class=\"Apple-converted-space\"> </span></span>","text":"<span class=\"s1\">He is the short seller himself! Trying very hard to save his own ass! But he is wrong!!!<span class=\"Apple-converted-space\"> </span></span>","html":"<span class=\"s1\">He is the short seller himself! Trying very hard to save his own ass! But he is wrong!!!<span class=\"Apple-converted-space\"> </span></span>","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"hasMoreComment":true,"orderType":2}