Goldman Sachs analyst Will Nance lowered the price target on Remitly Global, Inc. (NASDAQ: RELY) to $17 from $19 while maintaining a Buy rating. For Q3 2025, RELY reported $419.5 million in revenue, a 25% increase YoY with 15% adjusted EBITDA margins. The company expanded into the U.K. and Canada, doubling business send volumes.

Remitly Global, Inc. (NASDAQ: RELY) is a Seattle-based fintech company founded in 2011 specializing in digital international money transfers to over 170 countries. Offering various delivery options like bank deposits and cash pickup, RELY emphasizes speed, transparency, and reliability in cross-border payments.

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Read more at Yahoo Finance: Goldman Sachs Maintains Buy on Remitly Global, Inc. (RELY), Trims Target on Valuation Reset