Remitly Global shares are trading lower after multiple analysts lowered their price targets on the stock.
Portfolio Pulse from Benzinga Newsdesk
Remitly Global shares are trading lower after multiple analysts lowered their price targets on the stock.
June 18, 2024 | 1:04 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Remitly Global shares are experiencing a decline due to multiple analysts lowering their price targets.
The lowering of price targets by multiple analysts typically signals a negative outlook on the stock, leading to a decline in share price as investors react to the revised expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100