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.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RELY:
- 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
- Remitly Global price target raised to $21 from $20 at KeyBanc
- Wells Fargo upgrades Remitly Global to Equal Weight, ups price target to $18