Affirm Stock Gets Price Target Hike. It's Taking Market Share From Other BNPL Peers.
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BofA Securities has increased its price target for Affirm Holdings, a 'buy now, pay later' company, to $74 and reiterated a Buy rating, indicating confidence in its market share growth against competitors.
November 22, 2024 | 4:30 pm
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BofA Securities has raised its price target for Affirm Holdings to $74, maintaining a Buy rating. This reflects confidence in Affirm's ability to capture market share from other BNPL companies.
The price target increase and Buy rating from BofA Securities suggest a positive outlook for Affirm Holdings, driven by its market share gains in the BNPL sector. This is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100