Monness Crespi raised the firm’s price target on Adyen (ADYEY) to EUR 1,700 from EUR 1,600 and keeps a Buy rating on the shares. The company reported a miss on revenue and volume as a ramp down of Block impacted digital, but its fiscal 2025 guidance was reiterated, the analyst tells investors in a research note. The firm views the quarter as a “mild miss” and says Adyen’s growth outlook is largely unchanged.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ADYEY:
- Adyen removed from European Conviction Lis at Goldman Sachs
- Adyen price target lowered to EUR 2,500 from EUR 2,800 at JPMorgan
- Adyen’s Strong Market Position and Growth Potential Justify Buy Rating Despite Challenges
- Positive Outlook for Adyen Despite Uncertainties: Analyst Anticipates Revenue Growth Meeting 2025 Guidance
- Adyen price target lowered to EUR 2,000 from EUR 2,250 at Deutsche Bank
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue