Mizuho lowered the firm’s price target on Affirm to $24 from $25 and keeps a Buy rating on the shares. Following a downtick in delinquencies in August, Affirm’s delinquencies moved slightly higher in September, the analyst tells investors in a research note. The firm also lowered its gross merchandise volume estimate to $25B from $26B for the company’s fiscal 2024.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on AFRM: