HomeInvestingEarningsAffirm (AFRM): Consumer Backdrop Is More Benign Than Expected

Affirm (AFRM): Consumer Backdrop Is More Benign Than Expected

Affirm (AFRM) expects few surprises in 4Q earnings, but believes 2024 street revenue less transaction cost projections may be too optimistic, according to Barclay's. The analyst says the consumer backdrop is more benign than expected. AFRM is up over 29% this week and up 82% year-to-date. Barclays also raised its price target on ARMF to $19 from $16. Jenny Horne joins Oliver Renick to discuss this. Tune in to find out more about the stock market today.

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13 Jul 2023

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