BofA Hikes Affirm Price Target to $88: Clean Beat and Raise Sets Up the May 12 Investor Day

Bank of America raised its price target on Affirm to $88 from $82 and reiterated a Buy rating. The $6 increase signals improved analyst confidence in the fintech company’s outlook, though the article contains no new operating results or guidance from Affirm. The note is likely supportive for sentiment but is not a major market-moving catalyst on its own.

Analysis

Bank of America raised its price target on Affirm to $88 from $82 and reiterated a Buy rating. The $6 increase signals improved analyst confidence in the fintech company’s outlook, though the article contains no new operating results or guidance from Affirm. The note is likely supportive for sentiment but is not a major market-moving catalyst on its own.