Citigroup Maintains Buy on Remitly Global, Raises Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Andrew Schmidt maintains a Buy rating on Remitly Global (NASDAQ:RELY) and raises the price target from $25 to $30.
September 12, 2023 | 2:44 pm
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Citigroup maintains a Buy rating on Remitly Global and raises the price target from $25 to $30.
The news of Citigroup maintaining a Buy rating and raising the price target for Remitly Global indicates a positive outlook for the company. This could potentially attract more investors, driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100