Wolfe Research Upgrades Remitly Global to Outperform, Announces $28 Price Target
Portfolio Pulse from richadhand@benzinga.com
Wolfe Research analyst Darrin Peller has upgraded Remitly Global (NASDAQ:RELY) from Peer Perform to Outperform and set a price target of $28.
August 04, 2023 | 2:55 pm
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Remitly Global has been upgraded to Outperform by Wolfe Research, with a new price target of $28.
The upgrade from Wolfe Research is a positive signal for Remitly Global. The new price target of $28 suggests that the analyst sees potential for the stock's price to increase. This could lead to increased investor interest and potentially a rise in the stock's price in the short term.
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IMPORTANCE 80
RELEVANCE 100