Chime Financial (CHYM) Upgraded by Goldman Sachs on Bullish Outlook for New Chime Card Revenue

Chime Financial Inc. (NASDAQ:CHYM) is one of the best new tech stocks to buy right now. On December 1, Goldman Sachs analyst Will Nance upgraded Chime to Buy from Neutral while increasing the price target to 27from27 from 26. The stock has recently lagged due to investor concerns about slower-than-anticipated volume growth and the company’s unproven profitability. However, Goldman Sachs believes the market is overlooking significant tailwinds from Chime’s new Chime Card, suggesting that increased take rates wi ...