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Stock impact report

Why The Remitly (RELY) Narrative Is Shifting As Targets Cluster Around US$20 To US$22 [Yahoo! Finance]

Remitly Global, Inc. (RELY) 
US:NASDAQ Investor Relations: realindustryinc.com
Company Research Source: Yahoo! Finance
Remitly Global's updated analyst narrative now centers on a slightly higher fair value estimate, moving from about US$19.86 to roughly US$21.13, which still sits comfortably in the US$20 to US$22 target band. Analysts pointing to this range often reference recent research that takes a constructive view on execution and growth, while still highlighting the CEO transition and longer term assumptions as key watchpoints. As you read on, you will see how these shifting targets and opinions can help you track the story as it develops. Analyst Price Targets don't always capture the full story. Head over to our Company Report to find new ways to value Remitly Global. What Wall Street Has Been Saying ?? Bullish Takeaways Goldman Sachs, Cantor Fitzgerald, and Citizens all lifted their Remitly Global price targets to around US$20 to US$22 after recent results and outlook updates, which they describe as above prior expectations. Goldman points to revenue, revenue less transaction expen Show less Read more
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