Affirm price target raised to $98 from $94 at BofA

BofA analyst Mihir Bhatia raised the firm’s price target on Affirm (AFRM) to $98 from $94 and keeps a Buy rating on the shares following a quarter the firm calls “quite good,” featuring a Q1 beat and FY26 guidance raise. The “one disappointment” was the revenue less transaction costs guidance being maintained at about 4% growth for FY26 despite the Q1 outperformance, the analyst tells investors.