Citizens raised the firm’s price target on Remitly Global (RELY) to $22 from $20 and keeps an Outperform rating on the shares. Remitly Global reports another quarter of outperformance while raising its 2026 outlook, and announced a CEO transition as the company enters the next growth stage, the analyst tells investors in a research note. The firm assumes similar trends next year and raised its per-user metrics in 2027, leading to higher revenue, and also assumes additional operating leverage next year.
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