Citi analyst Pavan Daswani added Adyen (ADYEY) to the firm’s European Focus List while keeping a Buy rating on the shares. The firm sees Adyen as a “structural winner” in online and unified commerce payments and forecasts share gains to be supported by price rationalization, customer priorities shifting back to performance and the continued ramp of recent wins.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ADYEY: