Remitly Global, Inc. (NASDAQ: RELY) is rated as one of the top 12 fintech stocks to buy according to analysts. Citizens JMP reaffirmed its Market Outperform rating on RELY with a price target of $23, citing strong growth and profitability exceeding expectations.

The price target of $23 for RELY is approximately 15 times the firm’s estimated adjusted EBITDA in 2026. Remitly Global, Inc. is a financial technology and payments company offering digital financial services through its cross-border payments app in over 170 countries.

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Read more at Yahoo Finance: Citizens JMP Keeps Market Outperform Rating on Remitly (RELY)