Keefe Bruyette initiated coverage of Chime (CHYM) with an Outperform rating and $42 price target The firm says Chime is a leading fintech platform delivering low-cost mobile-banking solutions to Americans who are not well served by traditional banks. It sees the company as an “emerging winner” in the space, with potential to deliver upside to near-term growth expectations.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CHYM:
- Chime initiated with an Outperform at Keefe Bruyette
- Morning News Wrap-Up: Monday’s Biggest Stock Market Stories!
- Musk to launch new political party, Trump threatens BRICS tariff: Morning Buzz
- Opening Day: CoastalSouth opens for trading on NYSE
- Chime Financial Stock (CHYM) Scores Buy Ratings from Several Top Analysts