Evercore ISI initiated coverage of Adyen (ADYEY) with an Outperform rating and EUR 1,775 price target The shares are “too cheap to pass up.” Adyen has “core and sustainable fundamental edges in the near and medium terms,” the analyst tells investors in a research note.
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Read More on ADYEY:
- Monness upgrades Adyen to Buy on ‘all-weather growth’
- Adyen upgraded to Buy from Neutral at Monness Crespi
- Adyen’s Attractive Valuation and Growth Prospects Justify Buy Rating Amid Market Challenges
- Adyen’s Diversified Growth and Strong Management Alignments Drive Buy Rating
- Adyen price target raised to EUR 2,150 from EUR 2,010 at Morgan Stanley