** Shares of payments app Expensify EXFY.O jump as much as 23.6%

** EXFY, on Thursday, reported Q4 revenue and adjusted EPS above Wall Street expectations

** Transaction fees derived from Expensify card jumped 62% to $5.1 million, as EXFY completed migration of customers to its new card program

** New program earns more transaction fees per swipe

** Lake Street Capital Markets raises PT to $5 from $3, citing potential upside to free cash flow in 2025 and a solid growth engine from card revenue

** New PT represents a 55.3% upside to stock's last close

** Avg. rating of five analysts is "hold"; median PT is $4.50, according to data compiled by LSEG

** EXFY stock up 17% YTD

(Reporting by Arasu Kannagi Basil in Bengaluru)

((ArasuKannagi.Basil@thomsonreuters.com;))