RBC Capital Maintains Sector Perform on Affirm Holdings, Lowers Price Target to $43
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Daniel Perlin has maintained a 'Sector Perform' rating on Affirm Holdings (NASDAQ:AFRM) but has lowered the price target from $50 to $43.

May 09, 2024 | 5:18 pm
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NEGATIVE IMPACT
RBC Capital maintains a 'Sector Perform' rating on Affirm Holdings and lowers the price target from $50 to $43.
The reduction in price target by RBC Capital, a significant financial institution, could lead to a negative short-term sentiment among investors, potentially causing a decrease in the stock price of Affirm Holdings. The maintenance of a 'Sector Perform' rating indicates a neutral long-term outlook, but the lowered price target suggests concerns about the company's near-term valuation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100