Wedbush Maintains Underperform on Affirm Holdings, Raises Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst David Chiaverini maintains an 'Underperform' rating on Affirm Holdings (NASDAQ:AFRM) and raises the price target from $10 to $15.
November 09, 2023 | 3:36 pm
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NEGATIVE IMPACT
Affirm Holdings' price target has been raised from $10 to $15 by Wedbush, but the rating remains 'Underperform'.
The 'Underperform' rating suggests that the analyst expects the stock to do worse than the market average. However, the increase in price target from $10 to $15 indicates a slightly more positive outlook than before. This could lead to mixed reactions in the market, but overall, the negative rating is likely to have a greater impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100