UPDATE: KeyBanc Starts Remitly Global Inc (RELY) at Overweight
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Goldman Sachs Defends Remitly Global Inc (RELY) on Sell-Off Related to Facebook Novi News
October 19, 2021 1:59 PM EDTGoldman Sachs analyst Will Nance defends Remitly Global Inc (NASDAQ: RELY), which is down 13% on news Facebook, Coinbase, Paxos, and Remitly announced a number of updates around Novi, Facebook's digital wallet that aims to facilitate lower cost, faster money transfers using digital assets.
Nance commented, "The stock reacted negatively... More
UPDATE: Citi Starts Remitly Global Inc (RELY) at Buy
October 18, 2021 4:27 AM EDT(Updated - October 18, 2021 6:13 AM EDT)
Citi analyst Andrew Schmidt initiates coverage on Remitly Global Inc (NASDAQ: RELY) with a Buy rating and a price target of $49.00.
The analyst comments "We are initiating coverage of Remitly (RELY) with a Buy rating and a $49 target price. As... More
UPDATE: JMP Securities Initiates Remitly Global Inc (RELY) at Market Outperform (correction)
October 18, 2021 4:06 AM EDT(Updated - October 18, 2021 6:14 AM EDT)
JMP Securities analyst David Scharf starts coverage on Remitly Global Inc (NASDAQ: RELY)at Market Outperform, PT $52.00.
The analyst comments "We are initiating coverage of Remitly Global, Inc., or Remitly (RELY), with a Market Outperform rating... More
Barclays Starts Remitly Global Inc (RELY) at Overweight
October 18, 2021 3:50 AM EDTBarclays analyst Ramsey El-Assal initiates coverage on Remitly Global Inc (NASDAQ: RELY) with a Overweight rating and a price target of $48.00.
For an analyst ratings summary and ratings history on Remitly Global Inc... More
JPMorgan Starts Remitly Global Inc (RELY) at Overweight
October 18, 2021 3:50 AM EDTJPMorgan analyst Tien-tsin Huang initiates coverage on Remitly Global Inc (NASDAQ: RELY) with a Overweight rating and a price target of $57.00.
The analyst comments "We rate Remitly Overweight with a December 2022 price target of $57. We like Remitly as a mission-led growth company, bringing... More
UPDATE: Goldman Sachs Starts Remitly Global Inc (RELY) at Buy
October 18, 2021 1:46 AM EDT(Updated - October 18, 2021 4:37 AM EDT)
Goldman Sachs analyst Will Nance initiates coverage on Remitly Global Inc (NASDAQ: RELY) with a Buy rating and a price target of $61.00.
The analyst comments "We are launching coverage of Remitly (RELY) with a Buy rating and a... More
