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Citizens JMP Cuts Remitly Global (RELY) PT Despite Strong Q2 Results

Remitly Global Inc. (NASDAQ:RELY) is one of the best growth stocks under 30tobuy.OnSeptember15,CitizensJMPloweredthefirmspricetargetonRemitlyGlobalto30 to buy. On September 15, Citizens JMP lowered the firm’s price target on Remitly Global to 23 from $32, while keeping an Outperform rating on the shares. While the firm believes Remitly to be one of the strongest secular growth vehicles in FinTech, Citizens JMP suggested that Q3 2025 guidance is accurate and that the Street’s 2026 revenue forecasts may be too high. In Q2 2025, Remitly surpassed revenue and adjusted EBITDA expect ...