BTIG upgraded Flywire (FLYW) to Buy from Neutral with a $17 price target The firm views the stock’s risk/reward as attractive at current levels. BTIG sees “mounting evidence” that Flywire can execute in a “choppy” macro backdrop. The company has diversified its business mix while its core Education segment has been more resilient than expected, the analyst tells investors in a research note. The firm expects Flywire to see multiple support as AI and stablecoin concerns dissipate going forward.
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