Here are the biggest calls on Wall Street on Wednesday.
Here are the biggest calls on Wall Street on Wednesday: Needham initiates SoFi at buy Needham says the financial company has the "right mix of growth and profits." "We are initiating coverage of SoFi Technologies with a BUY rating and a $10 price target." Baird initiates Informatica at overweight Baird said the software company has an attractive valuation.
"Believe market increasingly looking to the next product cycle catalyst to drive future ad growth outperformance vs. industry." Wells Fargo downgrades Wolfspeed to equal weight from overweight Wells downgraded the stock due to weaker demand for silicon carbide products. "The pure exposure WOLF has to the SiC mkt & the lack of profitability also make WOLF unique in this downgrade call.
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