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Remitly Global price target raised to $30 from $21 at JPMorgan

Remitly Global price target raised to $30 from $21 at JPMorgan

JPMorgan raised the firm’s price target on Remitly Global (RELY) to $30 from $21 and keeps an Overweight rating on the shares. The company reported strong Q4 results and issued 2025 guidance ahead of the preliminary outlook given last quarter, ranking Remitly as a “top fintech grower” in 2025, the analyst tells investors in a research note. The firm believes the company’s outlook could prove conservative.

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