Affirm (AFRM) stock is extending gains on Sept. 14 after senior Wolfe Research analyst Darrin Peller issued a bullish note in favor of the buy-now-pay-later (BNPL) firm. In his research report, Peller upgraded the Nasdaq-listed firm to “Outperform” and assigned a $90 price target, which signals potential upside of more than $20 from here.
Wolfe's bullish call is particularly significant given Affirm stock has already been in a sharp uptrend in recent months, currently up about 75% versus its March low.
