JMP Securities Reiterates Market Outperform on Remitly Global, Maintains $21 Price Target
Portfolio Pulse from richadhand@benzinga.com
JMP Securities analyst David Scharf has reiterated a 'Market Outperform' rating on Remitly Global (NASDAQ:RELY) and maintained a $21 price target.
July 06, 2023 | 11:47 am
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Remitly Global's stock rating has been reiterated as 'Market Outperform' by JMP Securities with a maintained price target of $21.
The reiteration of the 'Market Outperform' rating and the maintained price target by JMP Securities indicates a positive outlook for Remitly Global. This could potentially lead to an increase in investor confidence and a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100