Truist raised the firm’s price target on Flywire to $40 from $35 and keeps a Buy rating on the shares. Flywire is still in the early stages of penetrating multi-hundred billion $ Education, Travel and Healthcare TAMs, with upside potential from an even larger B2B opportunity, the analyst tells investors in a research note. Truist thinks Flywire is “scratching the surface” of its long-term potential.
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