JP Morgan Maintains Neutral on Flywire, Raises Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Tien-Tsin Huang maintains a Neutral rating on Flywire (NASDAQ:FLYW) and raises the price target from $29 to $32.
February 28, 2024 | 2:31 pm
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JP Morgan has maintained a Neutral rating on Flywire and increased the price target from $29 to $32.
The increase in price target by JP Morgan suggests a positive outlook on Flywire's future performance, potentially leading to increased investor confidence and a short-term positive impact on the stock price. The Neutral rating indicates that while there may be positive aspects, there are also factors that prevent a more bullish stance at this time.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100