Adyen price target raised to EUR 2,050 from EUR 1,800 at UBS

UBS analyst Justin Forsythe raised the firm’s price target on Adyen (ADYEY) to EUR 2,050 from EUR 1,800 and keeps a Buy rating on the shares. Adyen exceeded Q4 expectations and is positioned for “mid-twenties” percentage revenue growth by 2025, the analyst tells investors.

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