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Flywire price target raised to $16 from $15 at Truist

Truist raised the firm’s price target on Flywire (FLYW) to $16 from $15 and keeps a Buy rating on the shares as part of a broader research note updating the firm’s models on Payments names after their Q3 results. The firm is raising its Q4 revenue forecast by 4% due to a more favorable outlook for the education business as well as a greater inorganic contribution from Sertifi, the analyst tells investors in a research note.

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