Citigroup Maintains Buy on Flywire, Lowers Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Ashwin Shirvaikar has maintained a Buy rating on Flywire (NASDAQ:FLYW) but lowered the price target from $37 to $36.

April 04, 2024 | 4:15 pm
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Citigroup maintains a Buy rating on Flywire but lowers the price target from $37 to $36.
While the reduction in the price target from $37 to $36 by Citigroup might suggest a slight adjustment in valuation expectations, the maintenance of a Buy rating indicates a continued positive outlook on Flywire's stock. This mixed signal could lead to a neutral short-term impact on the stock price, as the market digests both the positive endorsement and the slight caution implied by the price target adjustment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90