Citigroup reiterated coverage on Remitly Global with a new price target
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Consumer Discretionary
Citigroup reiterated coverage of Remitly Global with a rating of Buy and set a new price target of $23.00 from $24.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/31/2024 | $13.00 → $18.00 | Underweight → Equal Weight | Wells Fargo |
| 2/22/2024 | $24.00 → $28.00 | Market Perform → Outperform | BMO Capital Markets |
| 1/17/2024 | $16.00 | Underweight | Wells Fargo |
| 12/5/2023 | $25.00 | Market Perform | BMO Capital Markets |
| 12/1/2023 | Outperform → Peer Perform | Wolfe Research | |
| 8/4/2023 | $28.00 | Peer Perform → Outperform | Wolfe Research |
| 3/27/2023 | Outperform → Peer Perform | Wolfe Research | |
| 3/3/2022 | $40.00 → $22.00 | Market Outperform | JMP Securities |
4 - Remitly Global, Inc. (0001782170) (Issuer)
4 - Remitly Global, Inc. (0001782170) (Issuer)
With its first-of-its-kind platform, Mendaera is pioneering a new category in medical robotics Mendaera, Inc., a Silicon Valley-based healthcare technology company developing a handheld robotic interventional platform, announced today the close of $73 million in Series B funding led by Threshold Ventures, with participation from investors including Lux Capital, PFM Health Sciences, and Fred Moll (founder of Intuitive Surgical and Auris Health). The financing will further Mendaera's efforts to scale robotics and AI across mainstream medical procedures. The healthcare system is facing an increasing supply and demand crisis, where the ability to consistently deliver high-quality care to pati
SEATTLE, July 31, 2024 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ:RELY), a trusted provider of digital financial services that transcend borders, today announced the appointment of seasoned finance executive Vikas Mehta as Chief Financial Officer, succeeding Hemanth Munipalli, effective August 19, 2024. Munipalli is leaving for family reasons, and will oversee an orderly transition, remaining with the company through September 30, 2024. "I am delighted to welcome Vikas to Remitly as our Chief Financial Officer," said Matt Oppenheimer, Co-founder and CEO of Remitly. "Vikas's impressive track record leading finance functions at high-growth companies, experience driving public company
SEATTLE, May 07, 2024 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ:RELY), a trusted provider of digital financial services that transcend borders, today announced the appointment of Ronit Peled as Chief People Officer. "We are thrilled to welcome Ronit Peled to Remitly as our new Chief People Officer," said Matt Oppenheimer, Co-founder & CEO of Remitly. "Ronit brings a track record of strategic business leadership, a deep commitment to people and culture, and clear alignment with Remitly's values. As team and culture have always been a differentiator for Remitly and key focus for me, I look forward to seeing Ronit's talents in action and the impact she will drive for our people, cust
8-K - Remitly Global, Inc. (0001782170) (Filer)
10-Q - Remitly Global, Inc. (0001782170) (Filer)
8-K - Remitly Global, Inc. (0001782170) (Filer)
4 - Remitly Global, Inc. (0001782170) (Issuer)
4 - Remitly Global, Inc. (0001782170) (Issuer)
4 - Remitly Global, Inc. (0001782170) (Issuer)
SC 13G - Remitly Global, Inc. (0001782170) (Subject)
SC 13G/A - Remitly Global, Inc. (0001782170) (Subject)
SC 13G/A - Remitly Global, Inc. (0001782170) (Subject)
Wells Fargo upgraded Remitly Global from Underweight to Equal Weight and set a new price target of $18.00 from $13.00 previously
BMO Capital Markets upgraded Remitly Global from Market Perform to Outperform and set a new price target of $28.00 from $24.00 previously
Wells Fargo initiated coverage of Remitly Global with a rating of Underweight and set a new price target of $16.00
NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), announces the upcoming index rebalancing for the fourth quarter of 2024. This quarter, there are constituent changes within four of our indexes: the KBW Nasdaq Capital Markets Index (Index Ticker: KSX, ETF Ticker:N/A), KBW Nasdaq Financial Technology Index (Index Ticker: KFTX, ETF Ticker: FTEK.LN), KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDX, ETF Ticker: KBWD), and KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX, ETF Ticker: KBWY
SEATTLE, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ:RELY) ("Remitly"), a trusted provider of digital financial services that transcend borders, today announced that its management team will present at the 2024 Wells Fargo TMT Summit. Date: Tuesday, December 3, 2024 Time: 1:30pm Pacific Time / 4:30pm Eastern Time The presentation will be webcast live from Remitly's investor relations website at https://ir.remitly.com/. A replay of the event will be available on the investor relations website following the presentation. About Remitly Remitly is a trusted provider of digital financial services that transcend borders. With a global footprint spanning more than 170 count
Active customers up 35% year over yearRevenue up 39% year over yearAchieved GAAP net income profitability and record Adjusted EBITDA SEATTLE, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ:RELY), a trusted provider of digital financial services that transcend borders, reported results for the third quarter ended September 30, 2024. "I am grateful to our customers and global teams for the exceptional third quarter results," said Matt Oppenheimer, co-founder and Chief Executive Officer, Remitly. "As our performance in the third quarter exceeded expectations, we are pleased to increase our 2024 outlook for both revenue and Adjusted EBITDA. We are excited about growth opp
NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), announces the upcoming index rebalancing for the fourth quarter of 2024. This quarter, there are constituent changes within four of our indexes: the KBW Nasdaq Capital Markets Index (Index Ticker: KSX, ETF Ticker:N/A), KBW Nasdaq Financial Technology Index (Index Ticker: KFTX, ETF Ticker: FTEK.LN), KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDX, ETF Ticker: KBWD), and KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX, ETF Ticker: KBWY
SEATTLE, Oct. 18, 2024 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ:RELY) ("Remitly"), a trusted provider of digital financial services that transcend borders, today announced that it will report third quarter 2024 financial results after the market close on Wednesday, October 30, 2024. Management will host a conference call and live webcast to present the Company's financial results and answer questions from the financial analyst community at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time that same evening. Conference call and webcast information can be found below. Remitly Third Quarter 2024 Financial Results Conference Call and Webcast Information:When: Wednesday, October 30th, 20
SEATTLE, July 19, 2024 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ:RELY) ("Remitly"), a trusted provider of digital financial services that transcend borders, today announced that it will report second quarter 2024 financial results after the market close on Wednesday, July 31, 2024. Management will host a conference call and live webcast to present the Company's financial results and answer questions from the financial analyst community at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time that same evening. Conference call and webcast information can be found below. Remitly Second Quarter 2024 Financial Results Conference Call and Webcast Information:When: Wednesday, July 31st, 2024Ti