JPMorgan lowered the firm’s price target on Affirm (AFRM) to $79 from $94 and keeps an Overweight rating on the shares. The company reported a strong revenue and volume beat and raised its full-year outlook, but signaled slowing volume growth in fiscal Q4, “which stoked fears,” the analyst tells investors in a research note. JPMorgan continues to view Affirm as a core holding.
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