While Affirm Holdings Inc. shares are up some 200% so far this year, they’ve lost about half their value since early February 2022. But a Jefferies analyst doesn’t see more downside in the picture.
Jefferies’ John Hecht upgraded Affirm’s stock AFRM to hold from underperform Tuesday, acknowledging that several trends seem to be improving for the buy-now-pay-later operator.
“Credit…
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