Barclays analyst Ramsey El-Assal raised the firm’s price target on Remitly Global (RELY) to $23 from $20 and keeps an Overweight rating on the shares. The firm updated the company’s model.
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- Largest borrow rate increases among liquid names
- Remitly Global price target raised to $20 from $16 at Barclays
- Remitly Global price target raised to $25 from $22 at JMP Securities
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- Wells Fargo upgrades Remitly Global to Equal Weight, ups price target to $18