Affirm Holdings shares are trading lower after BTIG initiated coverage on the stock with a Sell rating and announced a $10 price target.
Portfolio Pulse from Benzinga Newsdesk
Affirm Holdings' stock is trading lower after BTIG initiated coverage with a Sell rating and a $10 price target.
June 14, 2023 | 2:09 pm
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NEGATIVE IMPACT
Affirm Holdings' stock price is expected to decline due to BTIG's Sell rating and $10 price target.
The negative impact on Affirm Holdings' stock price is due to BTIG's initiation of coverage with a Sell rating and a $10 price target. This rating indicates that BTIG believes the stock is overvalued and will likely underperform in the short term, causing a decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100