TD Cowen Maintains Buy on Affirm Holdings, Lowers Price Target to $110
TD Cowen analyst Moshe Orenbuch maintains Affirm Holdings (NASDAQ:AFRM) with a Buy and lowers the price target from $124 to $110.
Economy · News reference
Shares of financial services companies are trading lower as surging oil prices and Treasury yields weigh on sentiment, with the 10-year U.S. Treasury yield climbing to its highest level since January 2025. Rising yields and energy prices have fueled inflation concerns, reinforcing expectations that interest rates will remain elevated and raising concerns about slower loan demand and economic growth.
Reference Details
Connected Markets
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
- Source
- benzinga
- Observed
- Checked
- Cadence
- Captured once, then retained as an archive reference
- Status
- fresh
Keep reading
Related Headlines
Antom To Offer Affirm Buy Now, Pay Later Option To US Merchants, With 96% Of Affirm Transactions From Repeat Customers
Shares of Buy Now Pay Later companies are trading lower as rising yields may impact lending practices for short-term, unsecured credit issuance.
Shares of fintech and financial services companies are trading lower amid elevated bond yields and Fed interest rate expectations, which may dampen enthusiasm for the growth-oriented sector.
Securities Fraud Investigation Into Coastal Financial Corporation (CCB) Continues – Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP, a Leading Securities Fraud Law Firm
Coastal Financial Corporation (NASDAQ: CCB) is under investigation for potential federal securities law violations following the announcement of a $42.1 million net loss in Q2 2026, primarily due to a $68.8 million credit expense related to a single partner relationship. The stock fell 43.52% to $39.91 on July 30, 2026, causing investor losses.
Securities Fraud Investigation Into Coastal Financial Corporation (CCB) Continues – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz
The Law Offices of Frank R. Cruz is investigating Coastal Financial Corporation for possible federal securities law violations following the company's announcement of a $42.1 million net loss in Q2 2026, primarily due to a $68.8 million credit expense related to a single partner relationship. The stock fell 43.52% on the news, prompting a shareholder lawsuit.