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.
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