Flywire price target raised to $46 from $35 at Seaport Research

Seaport Research analyst Jeff Cantwell raised the firm’s price target on Flywire to $46 from $35 and keeps a Buy rating on the shares. The company’s Q4 results were well above expectations, the analyst tells investors in a research note. Flywire is progressing at a rate that’s been much faster than expected across its numerous channels over the past two years, “and crucially, we think there’s more to go,” contends the firm.