Time to be bullish or bearish on the Afterpay (ASX:APT) share price?

The Afterpay Ltd (ASX: APT) share price has been falling in recent weeks, it’s actually down by around 27% over the last month. That’s a pretty steep decline in a fairly short amount of time. 

What do brokers think of the Afterpay share price?

Different brokers have different views of Afterpay shares. UBS doesn’t have much expectation for the Afterpay share over the next year – it has a price target of $36.

UBS thinks that a problem for Afterpay is the growing amount of competition in the space from large players such as Commonwealth Bank of Australia (ASX: CBA) which could lead to problems relating to the no surcharge…