Flywire price target raised to $34 from $31 at BofA

BofA raised the firm’s price target on Flywire to $34 from $31 and keeps a Buy rating on the shares. The firm adjusted FY24 revenue and adjusted EBITDA estimates following Q4 results and management commentary. BofA continues to view Flywire as a differentiated provider of vertical specific software and payments solutions, the analyst tells investors in a post-earnings note.