Morgan Stanley raised the firm’s price target on Affirm (AFRM) to $90 from $70 and keeps an Equal Weight rating on the shares. Affirm’s GMV grew 43% year-over-year, surpassing expectations of a percentage in the high-30s, and the FY26 outlook is in-line with the Street view inclusive of the Walmart (WMT) headwind, notes the analyst, who says Affirm “stuck the landing” with its fiscal Q4 report.
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