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.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on FLYW: