Flywire price target raised to $37 from $34 at Stephens

Stephens analyst Charles Nabhan raised the firm’s price target on Flywire to $37 from $34 and keeps an Overweight rating on the shares. The company’s Q2 results were “solid” and “better than expected,” which was largely due to strength in travel and insurance, the analyst tells investors. The company reported a “number of new wins, integrations and partnerships,” while also noting that healthcare will accelerate in the second half of the year, Stephens says.