Morgan Stanley analyst James Faucette lowered the firm’s price target on Flywire (FLYW) to $15 from $21 and keeps an Equal Weight rating on the shares. Pronounced Canada and Australia deceleration are underscoring limited forecasting visibility in the current regulatory environment, the analyst tells investors in a post-earnings note.
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Read More on FLYW:
- Flywire downgraded to Neutral from Buy at UBS
- Flywire’s Growth Potential: Resilience and Strategic Acquisitions Amid Challenges
- Flywire downgraded to Neutral from Buy at Goldman Sachs
- Flywire price target lowered to $16 from $20 at Wells Fargo
- Flywire downgraded to Outperform from Strong Buy at Raymond James