Flywire price target raised to $43 from $34 at RBC Capital

RBC Capital analyst Daniel Perlin raised the firm’s price target on Flywire to $43 from $34 and keeps an Outperform rating on the shares. The company reported another “beat and raise” quarter and remains one of the more consistent names in the coverage amid continued momentum in both cross-border and domestic education and travel verticals, the analyst tells investors in a research note.