Cantor Fitzgerald Starts Coverage of Affirm with Overweight Rating and $85 Target
Cantor Fitzgerald initiated coverage of Affirm Holdings Inc. (AFRM) with an Overweight rating and a price target of $85, implying roughly 24% upside from the stock's then-prevailing price of $68.71. The firm highlighted Affirm's rapid top-line expansion, a funding approach that limits balance-sheet exposure, and a partner network supporting global …