BUZZ-Affirm Holdings up after Jefferies raises rating to 'buy', PT to Street-high

** Shares of buy now, pay later firm Affirm Holdings AFRM.O rise as much as 6.3% to $67.35

** Brokerage Jefferies upgrades stock to "buy" from "hold", raises PT by $12 to Street high of $82

** Says upgrade is predicated on recent growth trends, upside to consensus gross merchandise volume estimates

** Also cites co's margin expansion, credit, rate tailwinds and relative undervaluation of stock behind rating raise

** Notes AFRM has shown its ability to grab larger share of a growing buy now, pay later market, suggesting upside revenue potential

** Says co can sustain further growth while maintaining a healthy margin and expense efficiency

** Ten of 19 brokerages rate the stock "buy" or higher, and nine "hold"; with a median PT of $57 — data compiled by LSEG

** Including session moves, stock has risen ~31% YTD

(Reporting by Neil J Kanatt in Bengaluru)

((Neil.JKanatt@thomsonreuters.com))