RBC Capital Maintains Outperform on Flywire, Lowers Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Daniel Perlin maintains an Outperform rating on Flywire (NASDAQ:FLYW) but lowers the price target from $41 to $34.
May 08, 2024 | 6:52 pm
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RBC Capital maintains an Outperform rating on Flywire but lowers the price target from $41 to $34.
The adjustment in price target by RBC Capital, while maintaining an Outperform rating, suggests a positive outlook on Flywire's performance albeit with a more conservative valuation. This could lead to mixed reactions in the short term as investors recalibrate their expectations based on the new price target.
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