DA Davidson Turns Bullish On This Payment Network

By Benzinga
Benzinga
Benzinga
January 30, 2022 Updated: January 30, 2022

DA Davidson analyst Christopher Brendler upgraded Affirm Holdings Inc. shares to Buy from Neutral with a price target of $75, down from $110, suggesting an upside of 29 percent.

The analyst contends that the selloff in the stock is “overdone.”

Brendler is bullish heading into the company’s results, with industry data suggesting that the U.S. buy-now-pay-later usage has more than doubled this holiday season.

By Anusuya Lahiri

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Benzinga