Affirm’s Stock Endures Volatile Week | Price Target Raised To $52
The fintech firm Affirm Holdings’s stock (NASDAQ: AFRM) is coming off a topsy turvy week, with a dip of 4.73% on Friday still leaving the stock with a gain of 7.05%. RBC Capital are one firm that has raised its price target on the company to $52 from $46 and has reaffirmed a Sector Perform rating.
The financial services firm appears to bet on Affirm’s promising growth trajectory and strategic partnerships. This comes even as the company’s current share price reflects a somewhat volatile state within the market.
Investment analysts at RBC Capital are showing confidence in Affirm Holdings, Inc.’s future prospects. The update to a $52 price target accompanies a positive take on the company’s performance. Affirm reported another strong…