Shares of banking and financial service companies are trading higher as declining oil prices and a weaker U.S. dollar have eased inflation concerns. The shift has reduced expectations that interest rates will remain elevated, improving sentiment across the broader financial sector.

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.

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.

Cantor Fitzgerald Maintains Neutral on Arthur J. Gallagher, Lowers Price Target to $280

Cantor Fitzgerald analyst Ryan Tunis maintains Arthur J. Gallagher (NYSE:AJG) with a Neutral and lowers the price target from $300 to $280.

Morgan Stanley Maintains Overweight on Arthur J. Gallagher, Lowers Price Target to $260

Morgan Stanley analyst Bob Huang maintains Arthur J. Gallagher (NYSE:AJG) with a Overweight and lowers the price target from $285 to $260.