Should you buy affirm holdings (afrm – research report)?

Affirm Holdings ( AFRM – Research Report ), the Technology sector company, was revisited by a Wall Street analyst on June 14. Analyst Dan Dolev from Mizuho Securities maintained a Buy rating on the stock and has a $65.00 price target.

What does afrm stand for?

Affirm Holdings (AFRM) Company Description: Affirm Holdings Inc offers a platform for digital and mobile-first commerce. It comprises a point-of-sale payment solution for consumers, merchant commerce solutions, and a consumer-focused app. The firm generates its revenue from merchant networks, and through virtual card networks among others.

Why is afrm partnering with a retail partner?

The latest partnership is likely to expand the retail partner network of the company, constant additions to which imply increased utilization of AFRM’s financing solutions. This, in turn, may fetch higher fees to Affirm from merchants in return for increased sales generated through the usage of its financing products. Continue reading