Flywire price target raised to $41 from $36 at RBC Capital

RBC Capital analyst Daniel Perlin raised the firm’s price target on Flywire to $41 from $36 and keeps an Outperform rating on the shares. The company’s Q4 results were “solid” with “equally impressive” guidance, especially given the backdrop of regulatory changes in Canada which are expected to pressure its education volumes in Q1, the analyst tells investors in a research note.