UPST - Marathon Digital LPL Financial make biggest moves in financial stocks this week

Several of the week's biggest movers in financial stocks were either helped or hurt by analysts' recommendations ahead of Q1 earnings season. The stock that fell the most, Marathon Digital (NASDAQ:MARA) dropped 21% after B. Riley analyst Lucas Pipes trimmed his price target after the bitcoin miner's March results came in lower than expected due to delays in deploying new miners. And LPL Financial (NASDAQ:LPLA) shares rose the most, +6.3%, for the week ended April 8, after the network of financial advisers was upgraded to Market Outperform at JMP. Rounding out the decliners are: MarketAxess (MKTX), -17%, which was cut to Market Perform at Raymond James, because widening credit spreads failed to accelerate market share gains. Upstart Holdings (UPST), which provides AI-driven loan underwriting technology to banks, dipped 16% for the week, despite nabbing a Buy rating in new coverage at Loop Capital; SoFi Technologies (SOFI), the fintech that helps refinance student loans, fell 16% after it cut its 2022 guidance because

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Marathon Digital, LPL Financial make biggest moves in financial stocks this week