Barclays initiated coverage of Chime (CHYM) with an Overweight rating and $40 price target The firm says the company has “cracked the code” on providing digital banking services to low- and middle-income consumers. It cites Chime’s “industry-leading” engagement, brand awareness, attach rates, and product innovation for the Overweight rating.
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: