JP Morgan Maintains Neutral on Flywire, Raises Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Tien-Tsin Huang maintains a Neutral rating on Flywire (NASDAQ:FLYW) but raises the price target from $18 to $21.
August 20, 2024 | 2:31 pm
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JP Morgan has maintained a Neutral rating on Flywire but increased the price target from $18 to $21, indicating a positive outlook on the stock's potential.
The increase in price target from $18 to $21 by JP Morgan suggests a positive outlook for Flywire's stock, which could lead to a short-term price increase. However, the Neutral rating indicates that the analyst does not see a strong buy opportunity, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100