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Flywire initiated with an Equal Weight at Morgan Stanley
The Fly

Flywire initiated with an Equal Weight at Morgan Stanley

Morgan Stanley analyst James Faucette initiated coverage of Flywire with an Equal Weight rating and $26 price target. The company has established its growing franchise within the "durable and robust" education vertical, the analyst tells investors in a research note. However, the stock’s valuation already reflects Flywire’s competitive differentiation position and attractive vertical exposures, the firm contends.

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