JMP Securities Maintains Outperform on Remitly Global, Raises Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst David Scharf maintains an Outperform rating on Remitly Global (NASDAQ:RELY) and raises the price target from $21 to $26.
August 04, 2023 | 12:56 pm
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JMP Securities maintains an Outperform rating on Remitly Global and raises the price target from $21 to $26, which could lead to a positive impact on the stock.
The raised price target by JMP Securities 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