Oppenheimer & Co. has initiated coverage of buy-now-pay-later provider Affirm Holdings Inc. with an Outperform rating and an $80 12-month price target, implying about 15% upside from recent levels. Affirm shares gained roughly 1.7% in Monday morning trading after the note was released, as analysts said the company "stands out as a leader" in the expanding installment-payments market.
$AFRM Oppenheimer initiates Affirm as outperform “We initiate coverage of Affirm with an Outperform rating and $80 price target, offering 15% upside potential.”
Affirm Stock Picks Up an Outperform Rating. Why It ‘Stands Out as a Leader.’ https://t.co/CcN6kkCA1h
$AFRM Oppenheimer Starts at Outperform PT $80