Texas Capital initiated coverage of Chime (CHYM) with a Buy rating and $28 price target Revenue for the fast-growing consumer fintech and top-10 debit card issuer in the U.S. is primarily driven by interchange fees on spending of the 9.5M consumers who currently use Chime products, notes the analyst, who forecasts that the company will add 1.5-2M consumers per year through 2028.
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