Affirm price target raised to $81 from $67 at RBC Capital

RBC Capital raised the firm’s price target on Affirm (AFRM) to $81 from $67 and keeps a Sector Perform rating on the shares. The company delivered a strong quarter with beats across the board and an increase to its FY25 guidance as it has executed on its opex and transaction cost improvements, the analyst tells investors in a research note. RBC sees incremental growth benefits coming from the Affirm Card, Apple (AAPL) Pay partnership, and ramping in the UK, the firm added.