What 8 Analyst Ratings Have To Say About Remitly Global
Portfolio Pulse from Benzinga Insights
In the last quarter, Remitly Global (NASDAQ:RELY) received 8 analyst ratings, with 2 being bullish and 6 somewhat bullish. The company has an average 12-month price target of $26.12, which has increased by 19.65% over the past month. No bearish or indifferent ratings were observed.
August 22, 2023 | 7:00 pm
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POSITIVE IMPACT
Remitly Global received 8 positive analyst ratings in the last quarter, with an increasing 12-month price target. This could potentially boost investor confidence.
Analyst ratings often influence investor sentiment. In this case, Remitly Global has received 8 positive ratings, with no bearish or indifferent ratings. This, coupled with an increasing 12-month price target, could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100