On July 7, 2025, Chime Financial (CHYM, Financial) received a significant development as Goldman Sachs initiated coverage on the stock. This move marks an important step for Chime Financial, which operates under the ticker symbol CHYM.
Goldman Sachs analyst Will Nance has assigned a 'Neutral' rating to CHYM. In addition to the rating, Goldman Sachs announced a price target of USD 34.00. This is the first price target issued by the analyst for Chime Financial, as there was no prior target.
This initiation of coverage by a major financial institution such as Goldman Sachs provides insights into the stock's market position and potential future performance. Investors in Chime Financial (CHYM, Financial) may want to keep an eye on further developments and updates from analysts.