They provide experience in market research and team communication. The daily calls allowed you to ask questions about things you were unsure about and helped you to become a better analyst. Overall it taught me the basics of company fundamentals and risk management.
Cons
At first it was tough to learn remote, but it got easier after a few weeks..
My internship was a remote role which fit in great for my schedule. The 6 week internship was organized well, with daily team calls and weekly pitches. Management was full of a great group of guys.
Cons
Working remote was difficult sometimes to learn as much as possible - not in work environment.