Goldman Sachs maintains buy on Remitly Global, Inc. (RELY), trims target on valuation reset
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Goldman Sachs analyst Will Nance has lowered the price target for Remitly Global, Inc. (NASDAQ: RELY) from $19 to $17 while maintaining a Buy rating. This adjustment is attributed to a recalibration of valuation assumptions rather than a change in the company's outlook.
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