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AFRM
CNBC
128 days

Top Wall Street analysts find these 3 stocks attractive in these challenging times

1. Affirm Holdings has 21 million active customers and 337,000 merchants. 2. Analyst Moshe Orenbuch initiated coverage with a buy rating and $50 target. 3. Affirm's strong partnerships with Amazon and Shopify boost its market position. 4. Analyst believes AFRM outperformed during tough credit conditions in 2022-2023. 5. Short-term profit impact expected, but long-term profitability remains solid.

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FAQ

Why Bullish?

The analyst's buy rating with a target price suggests confidence in AFRM's valuation. Historical averages indicate that strong analyst endorsements tend to positively impact stock prices.

How important is it?

The article provides critical insights into AFRM's performance and growth strategy, likely attracting investor interest.

Why Long Term?

Partnerships and management capabilities position AFRM for sustained growth despite short-term challenges, reflecting a long-term favorable outlook.

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