Morgan Stanley Maintains Equal-Weight on Flywire, Lowers Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst James Faucette has maintained an Equal-Weight rating on Flywire (NASDAQ:FLYW) and lowered the price target from $32 to $27.
November 08, 2023 | 9:18 pm
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Morgan Stanley has maintained an Equal-Weight rating on Flywire and lowered the price target from $32 to $27.
The lowering of the price target by Morgan Stanley could potentially lead to a decrease in the stock price of Flywire in the short term as it indicates a lower valuation of the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100