On July 7, 2025, Barclays analyst Ramsey El-Assal initiated coverage on Chime Financial (CHYM, Financial) with an "Overweight" rating. This marks a significant development for the company as this is a new initiation by Barclays.
The analyst has also set a price target of $40.00 USD for CHYM. This indicates Barclays' positive outlook on Chime Financial's potential for growth and performance in the coming periods.
Investors considering CHYM should take note of this initiation and the accompanying price target and rating as part of their investment decision-making process. The "Overweight" rating suggests that Barclays expects Chime Financial to outperform the average return of the stocks in its sector.