Affirm price target raised to $24 from $17 at Truist

Truist raised the firm’s price target on Affirm to $24 from $17 and keeps a Buy rating on the shares as part of a broader research note on FinTech And Info Services. Sentiment on the stock has turned too negative, the analyst tells investors in a research note, noting that there is upside for Affirm after a few more quarters of positive momentum from recent price changes, growing contribution from interest bearing loans, ongoing underwriting optimization, and improving macro trends.