JMP Securities Maintains Market Outperform on Remitly Global, Raises Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst David Scharf maintains a Market Outperform rating on Remitly Global (NASDAQ:RELY) and raises the price target from $26 to $32.
September 18, 2023 | 12:14 pm
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JMP Securities maintains a Market Outperform rating on Remitly Global and raises the price target from $26 to $32. This could potentially lead to an increase in the stock price.
The raised price target by JMP Securities indicates a positive outlook for Remitly Global. This could potentially lead to an increase in the stock price as it shows the analyst's confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100