UBS initiated coverage of Chime (CHYM) with a Neutral rating and $35 price target Chime is a leading digital financial services platform focused on providing banking services to everyday Americans, the analyst tells investors in a research note. UBS believes the company is positioned to continue gaining share in the consumer banking space, but sees a more balanced risk/reward profile for the shares based on valuation.
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Read More on CHYM:
- Chime Financial, Inc.: Balancing Growth Potential and Valuation Concerns with a Hold Rating
- Chime Financial: Strong Market Position and Growth Potential Drive Buy Rating
- Chime Financial: Innovative Non-Bank Growth with Strong Revenue and User Engagement Prospects
- Chime initiated with a Neutral at Goldman Sachs
- Chime Financial, Inc.: Hold Rating Amid Profitability Challenges and Growth Potential