Seaport Research downgraded Flywire (FLYW) to Neutral from Buy. Seaport says it has lost confidence in the story. The India/Canada situation looks increasingly chaotic, and the firm is also growing more concerned following the U.S. election about the mid- to long-term outlook for China-inbound into the U.S. in Education, which Seaport believe is an important component of the company’s revenue, the analyst tells investors in a research note.
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