Jefferies Upgrades Affirm Holdings to Hold, Raises Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst John Hecht upgraded Affirm Holdings (NASDAQ:AFRM) from Underperform to Hold and increased the price target from $9.5 to $30, indicating a more favorable outlook on the company's stock.
November 28, 2023 | 10:23 am
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Affirm Holdings was upgraded by Jefferies from Underperform to Hold, with a significant raise in price target from $9.5 to $30, suggesting a positive shift in the company's stock valuation.
The upgrade from Underperform to Hold by a reputable analyst at Jefferies, along with a substantial increase in the price target, is likely to be viewed positively by the market. This could lead to increased investor confidence and a potential short-term rise in the stock price of Affirm Holdings.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100