Flywire price target raised to $21 from $20 at Morgan Stanley

Morgan Stanley raised the firm’s price target on Flywire (FLYW) to $21 from $20 and keeps an Equal Weight rating on the shares. Stable Q3 results coupled with “constructive commentary” on 2025 increase the firm’s confidence that Flywire can deliver low- to mid-20s growth at high incremental margins, the analyst tells investors in a post-earnings note.