Truist raised the firm’s price target on Affirm (AFRM) to $95 from $72 and keeps a Buy rating on the shares. After the company’s Q4 earnings beat, the firm comes away more optimistic about the path forward for volume growth and the RLTC – Revenue Less Transaction Costs – take rate, the analyst tells investors in a research note. Affirm is set up well to beat and raise throughout the fiscal year as long as the macro holds up, Truist added.
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