Affirm price target raised to $67 from $52 at RBC Capital

RBC Capital analyst Daniel Perlin raised the firm’s price target on Affirm (AFRM) to $67 from $52 and keeps a Sector Perform rating on the shares. The firm believes that its prior model underappreciated the company’s operating leverage potential as it reaches meaningful scale, driving its revision to a steeper operating income trajectory in FY26, the analyst tells investors in a research note. RBC adds it is positive on the impact of an improving funding environment and a resilient consumer on Affirm.