11 Analysts Have This to Say About Remitly Global
Portfolio Pulse from Benzinga Insights
Remitly Global (NASDAQ:RELY) has received 11 analyst ratings in the last quarter, all of which are either bullish or somewhat bullish. The company's average 12-month price target has increased by 24.61% from the previous average, now standing at $28.91 with a high of $34.00 and a low of $25.00.
October 13, 2023 | 2:00 pm
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POSITIVE IMPACT
Remitly Global has received positive analyst ratings, which could boost investor confidence and potentially drive the stock price up in the short term.
Analyst ratings often influence investor sentiment. In this case, Remitly Global has received all bullish or somewhat bullish ratings from 11 analysts in the last quarter. This positive sentiment could increase investor confidence, leading to increased demand for the stock and potentially driving the price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100