- Affirm Holdings Inc AFRM CEO Max Levchin, and CFO Michael Linford joined the firm's TMT Conference, Morgan Stanley analyst James Faucette noted.
- Affirm's partnerships with Amazon.com Inc AMZN, Walmart Inc WMT, and Shopify Inc SHOP supported his view that these partnerships can bring meaningful upside to GMV and revenue.
- Faucette also gained conviction on Affirm's long-term demographic opportunity within financial services and strong consumer traction.
- Faucette has an Overweight rating and a $140 price target (298.4% upside) on Affirm shares.
- Price Action: AFRM shares traded lower by 4.05% at $35.31 on the last check Thursday.
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