Wells Fargo Maintains Underweight on Remitly Global, Lowers Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Andrew Bauch maintains an Underweight rating on Remitly Global (NASDAQ:RELY) and lowers the price target from $15 to $13.
July 31, 2024 | 4:17 pm
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Wells Fargo analyst Andrew Bauch maintains an Underweight rating on Remitly Global and lowers the price target from $15 to $13.
The Underweight rating and lowered price target from $15 to $13 by Wells Fargo suggest a negative outlook on Remitly Global's stock performance, likely leading to a short-term decline in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100