Affirm Card Launch and Q4 Performance: Analyst Sees More Upside
Portfolio Pulse from Anusuya Lahiri
Mizuho analyst Dan Dolev has maintained a Buy rating for Affirm Holdings Inc (NASDAQ:AFRM) and raised the price target from $20 to $25. Dolev is encouraged by the early results of the Affirm Card and sees potential for growth as the card is adopted by more of AFRM's 16.5 million customers. He has raised FY24 and FY25 revenue and adjusted operating income estimates based on 4Q results and management's fresh guidance. Despite potential negative catalysts, Dolev remains bullish on AFRM's prospects.
September 05, 2023 | 7:13 pm
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Affirm Holdings Inc's stock has potential for growth according to Mizuho analyst Dan Dolev, who maintains a Buy rating and raises the price target to $25. The early results of the Affirm Card and its adoption by more customers are seen as positive indicators.
The news is directly about Affirm Holdings Inc and its stock. The analyst's positive outlook, the raised price target, and the encouraging early results of the Affirm Card are likely to have a positive impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100