Affirm price target raised to $27 from $25 at BofA

BofA raised the firm’s price target on Affirm to $27 from $25 and keeps a Neutral rating on the shares after the investor day in NYC that highlighted the Affirm Card opportunity, key partnership strategies, new market opportunities, and a medium-term financial framework. Overall, the analyst thought the company “struck a positive tone” and continues to view Affirm positively over the long-term, but views the current valuation as “fair.”