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UBS analyst Timothy Chiodo maintains Affirm Holdings (NASDAQ:AFRM) with a Neutral and raises the price target from $82 to $90.
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Affirm stock surged after beating Q4 expectations and issuing strong fiscal 2027 guidance, driven by robust GMV growth and expanding international partnerships.
Read original at benzingaMajor stock indexes edged higher on Aug. 28 as investors digested Federal Reserve Chairman Kevin Warsh's Jackson Hole speech emphasizing commitment to reducing inflation. The S&P 500 gained 0.20%, Nasdaq rose 0.14%, and the Dow climbed 0.17%. Communication services led sector gains while industrials and healthcare traded lower. Elastic surged 18% on earnings, but semiconductor stocks like Marvell and Rubrik fell despite beating expectations, as investors grew cautious following recent rallies and amid signals of potential rate hikes.
Read original at the-motley-foolFed Chair Kevin Warsh said underlying inflation has not improved, pushing September hike odds to 60%, lifting the 2-year yield
Read original at benzinga