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This Coinbase Analyst Is No Longer Bearish; Here Are Top 5 Upgrades For Monday
Analysts upgraded Coinbase, 4D Molecular Therapeutics, Affirm, Chime Financial and Bullish, raising ratings and price targets.
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Stock Market Today, Oct. 14: SoFi Technologies Falls on Banking Weakness
SoFi Technologies fell 6.69% to $14.22 on Oct. 14, 2026, hitting a 52-week low amid hotter-than-expected inflation data and sector-wide pressure on lenders. The fintech stock has declined nearly 50% from last year's high. Other fintech stocks also suffered, with Robinhood Markets down 8.54% and Affirm down 9.47%. While SoFi's membership and revenue are expanding, concerns persist about lending profitability in a high-rate environment. Analyst sentiment remains mixed, though the company's stablecoin expansion could offer future growth potential.
Nasdaq 100 Drops 1% on Hot CPI, SOXX Falls 7th Day: Stock Market Today
The Nasdaq 100 fell 1% by midday Wednesday after September CPI topped forecasts, pushing Treasury yields and rate-hike bets higher.
Shares of banks and financial services companies are trading lower after U.S. core inflation data bolstered the case for more Fed monetary tightening, which may slow lending and limit interest margins. Also, weak Q3 segment results from Bank of America and Morgan Stanley may dent confidence in the broader sector.
Wells Fargo Maintains Equal-Weight on Bullish, Lowers Price Target to $35
Wells Fargo analyst Daniel Welden maintains Bullish (NYSE:BLSH) with a Equal-Weight and lowers the price target from $38 to $35.
Bullish Reports September Total Trading Volume $48.6B, Down From $48.8B YoY