Flywire price target raised to $35 from $27 at Deutsche Bank

Deutsche Bank raised the firm’s price target on Flywire to $35 from $27 and keeps a Buy rating on the shares. The company reported Q4 numbers well above guidance and consensus, with revenue less ancillary growth of 43% year-over-year, the analyst tells investors in a research note. The firm says it was good to see the company return to its historical norm of beating guidance.