Goldman Sachs Maintains Buy on Remitly Global, Raises Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Will Nance maintains a Buy rating on Remitly Global (NASDAQ:RELY) and raises the price target from $22 to $25.
August 04, 2023 | 1:27 pm
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POSITIVE IMPACT
Goldman Sachs maintains a Buy rating on Remitly Global and raises the price target from $22 to $25, indicating positive sentiment towards the stock.
The raised price target by Goldman Sachs 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