Morgan Stanley analyst Adam Wood lowered the firm’s price target on Adyen (ADYEY) to EUR 2,130 from EUR 2,150 and keeps an Overweight rating on the shares.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ADYEY:
- Adyen initiated with an Outperform at Evercore ISI
- 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