Flywire price target lowered to $20 from $25 at RBC Capital

RBC Capital analyst Daniel Perlin lowered the firm’s price target on Flywire (FLYW) to $20 from $25 and keeps an Outperform rating on the shares after its Q4 earnings miss and outlook. A combination of visa issuance pressure and policy changes, specifically in Canada and Australia, are resulting in weaker than expected FY25 guidance, though the company announced a 10% reduction in its workforce and a broader operational and business portfolio review to mitigate some of these pressures, the analyst tells investors in a research note.