JMP Securities Reiterates Market Outperform on Remitly Global, Maintains $22 Price Target
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst David Scharf has reiterated a Market Outperform rating on Remitly Global (NASDAQ:RELY) and maintained a $22 price target.

July 29, 2024 | 4:33 pm
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JMP Securities analyst David Scharf has reiterated a Market Outperform rating on Remitly Global (NASDAQ:RELY) and maintained a $22 price target.
The reiteration of a Market Outperform rating and the maintenance of a $22 price target by JMP Securities is a positive signal for investors. It suggests confidence in the company's future performance, which could lead to a short-term increase in the stock price.
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IMPORTANCE 80
RELEVANCE 100