Piper Sandler Downgrades Affirm Holdings to Underweight, Announces $11 Price Target
Portfolio Pulse from richadhand@benzinga.com
Piper Sandler analyst Kevin Barker has downgraded Affirm Holdings (NASDAQ:AFRM) from Neutral to Underweight and set a price target of $11.
July 06, 2023 | 9:26 am
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NEGATIVE IMPACT
Affirm Holdings has been downgraded from Neutral to Underweight by Piper Sandler, with a new price target of $11.
The downgrade from Piper Sandler is a negative signal for Affirm Holdings. The new price target of $11 suggests a significant downside from the current trading price. This could lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100