Citigroup Maintains Buy on Flywire, Raises Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Ashwin Shirvaikar has maintained a Buy rating on Flywire (NASDAQ:FLYW) and increased the price target from $32 to $37.
March 20, 2024 | 5:16 pm
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POSITIVE IMPACT
Citigroup has reaffirmed its Buy rating on Flywire and raised the price target from $32 to $37.
The upgrade in price target by a reputable analyst like Ashwin Shirvaikar from Citigroup 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