Affirm shares are trading higher after B of A Securities maintained a Neutral rating on the stock and raised its price target from $13 to $20.
Portfolio Pulse from Benzinga Newsdesk
Bank of America Securities maintained a Neutral rating on Affirm's stock and raised its price target from $13 to $20, resulting in the stock trading higher.
June 12, 2023 | 2:39 pm
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Affirm's stock is trading higher after Bank of America Securities maintained a Neutral rating and raised its price target from $13 to $20.
The increase in Affirm's price target by Bank of America Securities indicates a positive outlook for the stock. This news is directly related to Affirm and is likely to have a short-term positive impact on its stock price, as investors may see the raised price target as a sign of confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100