Wells Fargo Maintains Overweight Rating for Flywire: Here's What You Need To Know

Wells Fargo has decided to maintain its Overweight rating of Flywire FLYW and raise its price target from $28.00 to $29.00.

Shares of Flywire are trading up 13.27% over the last 24 hours, at $26.77 per share.

A move to $29.00 would account for a 8.35% increase from the current share price.

About Flywire

Flywire Corp provides a secure global payments platform, offering its clients an innovative and streamlined process to receive reconciled domestic and international payments in a more cost effective and efficient manner. The company's solutions are built on three core elements namely a payments platform; a proprietary global payment network and vertical-specific software backed by its deep industry expertise.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.