Raymond James Maintains Strong Buy on Flywire, Lowers Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst John Davis has maintained a Strong Buy rating on Flywire (NASDAQ:FLYW), but lowered the price target from $44 to $35.

November 08, 2023 | 1:31 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Flywire's price target has been lowered from $44 to $35 by Raymond James, though the Strong Buy rating is maintained.
The lowering of the price target by Raymond James could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintenance of the Strong Buy rating indicates that the analyst still sees significant upside potential, which could counteract the negative sentiment to some extent.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100