JMP Securities Reiterates Market Outperform on Remitly Global, Maintains $32 Price Target
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst David Scharf reiterated a Market Outperform rating on Remitly Global (NASDAQ:RELY) and maintained a $32 price target.
April 17, 2024 | 12:58 pm
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JMP Securities reaffirmed a Market Outperform rating on Remitly Global with a $32 price target.
The reiteration of a Market Outperform rating and a maintained price target of $32 by JMP Securities suggests a positive outlook on Remitly Global's stock. This endorsement from a reputable analyst could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100