Affirm price target raised to $105 from $75 at Citizens JMP

Citizens JMP analyst David Scharf raised the firm’s price target on Affirm (AFRM) to $105 from $75 and keeps an Outperform rating on the shares. The firm says the company’s fiscal Q4 report include “exceptional and accelerating” gross merchandise volume growth growth of 43% and better than expected sales and earnings. The analyst believes Affirm is “firing on all cylinders.”