KeyBanc raised the firm’s price target on Remitly Global (RELY) to $28 from $27 and keeps an Overweight rating on the shares. The firm notes Remitly’s results were solid, as usual. Guidance for FY25 was raised in excess of upside in the quarter.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RELY:
- Remitly Global’s Strong Market Position and Innovation Drive Significant Upside Potential
- Remitly Global’s Promising Growth and Strategic Initiatives Justify Buy Rating
- Remitly Global Exceeds Q2 Expectations, Raises 2025 Outlook
- Closing Bell Movers: DoorDash jumps 8%, Airbnb slips 6% on earnings
- Remitly Global reports Q2 EPS 3c, consensus 18c