Intermex Reports Second Quarter Results

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BTIG Downgrades International Money Express (IMXI) to Neutral

August 7, 2024 4:22 PM EDT

BTIG analyst Andrew Harte downgraded International Money Express (NASDAQ: IMXI) from Buy to Neutral.

The analyst comments "We are downgrading IMXI to Neutral for three reasons: 1) Mexico remittance trends appear to be dominated by digital transaction (versus in person retail)... More