Barclays Maintains Overweight on Affirm Holdings, Lowers Price Target to $41
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Ramsey El-Assal has maintained an Overweight rating on Affirm Holdings (NASDAQ:AFRM) but lowered the price target from $50 to $41.

April 16, 2024 | 5:20 pm
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Barclays maintains an Overweight rating on Affirm Holdings but reduces the price target from $50 to $41.
The reduction in price target by Barclays, a major financial institution, could lead to a negative short-term sentiment among investors, potentially causing a decrease in Affirm Holdings' stock price. The Overweight rating suggests a positive outlook on the company's fundamentals, but the lowered price target indicates adjustments in valuation expectations, which could influence investor perception and stock performance in the near term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100