BUZZ-SoFi Technologies falls after KBW downgrades to 'underpeform'

** Shares of trading app SoFi Technologies SOFI.O fall 2.08% at $15.08 premarket

** KBW downgrades to "underperform" from "market perform"

** Brokerage says, despite potential near-term catalysts, the path to long-term outlook appears "long and difficult"

** KBW raises PT to $8 from $7

** KBW says, management's long-term target for ROTCE of 20%-30% will be tough to achieve, especially as SoFi's own forecast for 2026 implies an ROTCE of about 13%-15%

** 4 of 16 brokerages rate the stock "buy" or higher, 7 "hold" and 5 "sell" or lower; their median PT is $12

** Stock gained 54.77% in 2024

(Reporting by Kanchana Chakravarty in Bengaluru)

((Kanchana.Chakravarty@thomsonreuters.com))