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Affirm price target lowered to $95 from $110 at TD Cowen

TD Cowen analyst Moshe Orenbuch lowered the firm’s price target on Affirm (AFRM) to $95 from $110 and keeps a Buy rating on the shares. The firm reported a strong Q2 beat on strong revenue and margins and the company was clear that they believe the new products and strategies will continue to drive high revenue growth and margins.

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