UBS Maintains Buy on Flywire, Raises Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Timothy Chiodo has maintained a Buy rating on Flywire (NASDAQ:FLYW) and increased the price target from $33 to $34.
February 28, 2024 | 6:28 pm
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POSITIVE IMPACT
UBS has maintained a Buy rating on Flywire and raised the price target from $33 to $34.
The increase in price target by a reputable analyst like Timothy Chiodo from UBS is a strong positive signal for Flywire. It suggests confidence in the company's future performance and growth prospects, likely leading to increased investor interest and potentially a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100