Flywire price target raised to $20 from $18 at RBC Capital

RBC Capital analyst Daniel Perlin raised the firm’s price target on Flywire (FLYW) to $20 from $18 and keeps an Outperform rating on the shares after its Q4 results. The cross-border education market remains volatile, but the deal profile continues to tilt toward larger multi-product adoption with higher annual recurring revenue per deal, the analyst tells investors in a research note.