Raymond James raised the firm’s price target on Flywire (FLYW) to $18 from $17 and keeps an Outperform rating on the shares. Flywire’s Q2 results were strong, featuring “meaningful” adjusted EBITDA upside, the analyst tells investors in a research note. While the geopolitical landscape remains fluid, the firm is encouraged by the 200 new clients signed up and record global education quarterly annual recurring revenue.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FLYW: