- William Blair analyst Christopher Kennedy reaffirmed a buy rating on Remitly due to strong execution, attractive valuation, and clear paths toward 2028 EBITDA and free cash flow goals.
- The analyst highlighted operational improvements under the new CEO, including increased technology and artificial intelligence adoption to streamline operations and accelerate product development.
- Cantor Fitzgerald also maintained a buy rating on the stock with a target price of 30.00 dollars.
