HomeMarketsU.S. Economy & JobsAffirm (AFRM) Aggressively Expands Business

Affirm (AFRM) Aggressively Expands Business

Barclays expects few surprises in Affirm's (AFRM) 4Q earnings, but believes 2024 street revenue less transaction cost projections may be too optimistic. Barclays says that the consumer backdrop is more benign than expected, raised price target to $19 from $16, and maintains overweight rating on AFRM. George Tsilis joins Alex Coffey and Jenny Horne to discuss AFRM. He talks about how AFRM is a payment processing and transactions business. He then goes over how the business itself has been expanding aggressively. Tune in to find out more about the stock market today.

Next Gen Investing

13 Jul 2023

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