Changes in US stocks | Affirm Holdings (AFRM.US) continues last week's gains after receiving an increase in ratings and target price from Wedbush

Zhitongcaijing · 10/14 15:57

The Zhitong Finance App learned that on Monday, the stock price of Affirm Holdings (AFRM.US) continued last week's gains. As of press release, the stock had risen more than 4% to 48.89 US dollars. It has risen more than 63% in the past 60 days. Wedbush said Affirm Holdings will benefit from a lower interest rate environment, leading to lower capital costs and GMV growth, etc. Wedbush said that Affirm Holdings is now expected to lose $0.23 per share in fiscal year 2025, which is lower than the previous forecast loss of $0.6 per share, and the company's profit forecast for the 2026 fiscal year has increased from $0.8 to $0.87. The bank also raised Affirm Holdings' rating to “neutral” and the target price to $45.