Citizens JMP Maintains Outperform Rating for Remitly (RELY)

Reported 2 days ago

Citizens JMP has reaffirmed its Market Outperform rating on Remitly Global, Inc. (NASDAQ: RELY), setting a price target of $23, indicating confidence in the company's robust growth in the fintech sector. Remitly, recognized as one of the top fintech stocks, offers digital financial services and cross-border payment solutions across over 170 countries. Despite this positive outlook, the report suggests that other AI stocks may present more significant growth potential with less risk.

Source: YAHOO

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