Truist analyst Andrew Jeffrey raised the firm’s price target on Flywire to $39 from $30 and keeps a Buy rating on the shares after its Q4 earnings beat and above-consensus FY24 guide. The company should deliver mid-20% durable organic revenue growth and consistent 300bps EBITDA expansion as it capitalizes on leading global vertical market and B2B software, platform and payments, the analyst tells investors in a research note.
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