KeyBanc initiated coverage of Chime (CHYM) with an Overweight rating and $30 price target Chime is a category leader with a “long runway for share gain” in the U.S. retail banking landscape, the analyst tells investors in a research note. The firm believes the company’s “differentiated tech stack” should drive product innovation while its unit economics “offer a strong foundation for model profitability.” KeyBanc expects credit-related revenue to be a substantial source of Chime’s growth.
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: Strong Execution, Expanding Margins, and New Growth Drivers Support Buy Rating and Upside to 2026
- Chime price target lowered to $30 from $40 at Morgan Stanley
- Chime price target raised to $27 from $24 at UBS
- Chime price target lowered to $35 from $38 at Evercore ISI
- Closing Bell Movers: Nvidia pares post-earnings gains