Flywire price target lowered to $16 from $20 at Wells Fargo

Wells Fargo analyst Andrew Bauch lowered the firm’s price target on Flywire (FLYW) to $16 from $20 and keeps an Equal Weight rating on the shares. The firm says that incremental geopolitical headwinds reared their head in Q4 and the initial FY25 guide. Despite clear strategic rationale, another acquisition in light of current circumstances is difficult to appreciate, Wells adds.