Wall Street Analysts Think Remitly Global (RELY) Could Surge 32.94%: Read This Before Placing a Bet

Shares of Remitly Global, Inc. (RELY) have gained 13.3% over the past four weeks to close the last trading session at $16.3, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $21.67 indicates a potential upside of 32.9%.The mean estimate comprises nine short-term price targets with a standard deviation of $2.78. While the lowest estimate of $18.00 indicates a 10.4% increase from t ...