Citigroup Maintains Buy on Flywire, Lowers Price Target to $33
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Ashwin Shirvaikar maintains a Buy rating on Flywire (NASDAQ:FLYW) but lowers the price target from $36 to $33.

May 08, 2024 | 7:20 pm
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NEUTRAL IMPACT
Citigroup maintains a Buy rating on Flywire but reduces the price target from $36 to $33.
The adjustment in price target by Citigroup, while maintaining a Buy rating, suggests a continued positive outlook on Flywire's performance, albeit with a slightly moderated growth expectation. This could lead to a neutral short-term impact on the stock as the market digests the revised target alongside the sustained buy rating.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100