The Latest Breaking News from BofA Securities

SoFi Technologies Inc (NASDAQ: SOFI) is poised to generate strong revenue and EBITDA growth driven by its Galileo platform and member growth initiatives, according to BofA Securities.

TPG Inc (NASDAQ: TPG) has a robust business model, which is high growth, capital light and drives fee-related earnings, according to BofA Securities. The TPG Analyst: Craig Siegenthaler initiated coverage of TPG with a Buy rating and a price target of $47.

Carnival Corp (NYSE:CCL) has extended its share purchase program until April 30, 2022, under the same terms, from the previous date of January 31, 2022. The company had offered to sell shares of its common stock through its agent BofA Securities, having an aggregate offering price of up to $500 million. As announced…

Crescent Capital BDC Inc (NASDAQ: CCAP) has been gaining share in the middle market, where demand for capital “remains robust,” according to BofA Securities.

Ginkgo Bioworks Holdings Inc (NYSE: DNA) is “at the forefront of the rising SynBio wave, a market we think holds much long-term promise,” according to BofA Securities.

Although expectations in the automotive industry have been “set reasonably low” heading into the quarter, investors are likely to focus on outlooks for 2022 and beyond, according to BofA Securities.

The underlying fundamentals in the airline sector remain challenging. Against this backdrop, investors should focus on quality names such as Delta Air Lines, Inc.

Although Blue Owl Capital Inc.’s (NYSE: OWL) stock has been underperforming, the company enjoys a high-growth, high-margin and capital-light business, according to BofA Securities.

Following the recent pullback in Inovio Pharmaceuticals Inc.’s (NASDAQ: INO) shares, the stock valuation seems to have been stripped of most of the remaining COVID-19 value, according to BofA Securities.