B. Riley analyst Hal Goetsch lowered the firm’s price target on Flywire (FLYW) to $17 from $29 and keeps a Buy rating on the shares. The company’s guidance after the Q4 report called for a sharp slowdown versus its prior long-term growth trajectory, the analyst tells investors in a research note. The firm says Flywire’s revenue forecasts have been disrupted by ongoing impacts in the Canadian and Australian education market, along with new concerns for visa issuance in the U.S.
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