Wells Fargo Maintains Overweight on Flywire, Lowers Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Andrew Bauch maintains an Overweight rating on Flywire (NASDAQ:FLYW) but lowers the price target from $30 to $25.
May 08, 2024 | 2:57 pm
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NEGATIVE IMPACT
Wells Fargo maintains an Overweight rating on Flywire but lowers the price target from $30 to $25.
The reduction in price target by Wells Fargo, despite maintaining an Overweight rating, could lead to a negative short-term sentiment among investors, potentially causing a decrease in Flywire's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100