These Analysts Revise Their Forecasts On Chime Financial
Chime will acquire Stride Bank for $590M, launch Chime Bank, and projects strong growth; shares rose 9.7% as analysts lifted price targets.
Chime is buying another bank and starting its own bank, which analysts think is a smart move—so they raised their price guesses. This shows they believe Chime's plan to grow is working, so watch if the company actually delivers on what it promised.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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