Keybanc Maintains Overweight on Remitly Global, Raises Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Josh Beck maintains an Overweight rating on Remitly Global (NASDAQ:RELY) and raises the price target from $20 to $21.
October 31, 2024 | 7:21 pm
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Keybanc analyst Josh Beck has increased the price target for Remitly Global from $20 to $21 while maintaining an Overweight rating, indicating positive sentiment and potential for stock price appreciation.
The increase in price target from $20 to $21 by Keybanc, along with maintaining an Overweight rating, suggests a positive outlook for Remitly Global. This could lead to increased investor confidence and potential stock price appreciation in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100