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flywire stock downgraded as analysts adjust price targets and ratings
Flywire (NASDAQ:FLYW) has been downgraded to a "Hold" rating by Deutsche Bank, with a price target reduced from $26 to $16, indicating a potential downside. Other analysts have similarly lowered their ratings, resulting in a consensus "Hold" rating and an average price target of $22.36. The company reported a quarterly loss of $0.12 EPS, missing estimates, with revenue of $112.8 million, below expectations.
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