BofA Restarts Coverage on SoFi with Underperform Rating
Bank of America resumed coverage on SoFi Technologies with an Underperform rating, citing limited upside despite recent capital raises that support growth plans.
Bank of America resumed coverage on SoFi Technologies with an Underperform rating, citing limited upside despite recent capital raises that support growth plans.
BTIG upgraded Core Scientific to Buy with a $23 target, citing improved prospects after the CoreWeave merger rejection and strong demand for high-performance computing power.
Keefe Bruyette upgrades TeraWulf to Outperform, raising its price target to $24 and highlighting strong growth potential from its business shift.
Flushing Financial shares tumbled nearly 9% after announcing its acquisition by OceanFirst Financial in a $579 million deal backed by Warburg Pincus investment.
Citizens keeps Outperform rating on Applied Digital at $40 as company plans to spin out cloud business with EKSO Bionics, creating dedicated AI compute platform ChronoScale.
SoftBank acquires DigitalBridge for $4 billion to expand AI infrastructure including data centers and connectivity networks. Deal expected to close in late 2026.