Keybanc Maintains Overweight on Remitly Global, Raises Price Target to $25
Portfolio Pulse from richadhand@benzinga.com
Keybanc analyst Josh Beck maintains an Overweight rating on Remitly Global (NASDAQ:RELY) and raises the price target from $21 to $25.
August 04, 2023 | 12:40 pm
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POSITIVE IMPACT
Remitly Global's price target has been raised from $21 to $25 by Keybanc, which maintains an Overweight rating on the stock.
The raised price target by Keybanc indicates a positive outlook for Remitly Global. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100