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SOFI Stock Down 40% YTD: Can Q2 Results Spark A Rebound?

in5points
SoFi stock is down 40% year-to-date.
Truist raised price target on SoFi to $18 from $17.
Truist maintains a 'Hold' rating on the shares.
SoFi Q2 results are expected on July 29.
Truist's rating suggests limited near-term upside.
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Rajeev Chandrasekhar / Jupiter Capital interests historically