Wall Street Analysts See a 54.39% Upside in Remitly Global (RELY): Can the Stock Really Move This High?

Remitly Global, Inc. (RELY) closed the last trading session at $14.25, gaining 4.2% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of$ 22 indicates a 54.4% upside potential. The mean estimate comprises nine short-term price targets with a standard deviation of $5.79. While the lowest estimate of$ 13 indicates an 8.8% decline from the current price level, the most optimistic analyst e ...