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Adyen price target raised to EUR 2,400 from EUR 2,200 at Goldman Sachs

Adyen price target raised to EUR 2,400 from EUR 2,200 at Goldman Sachs

Goldman Sachs analyst Mohammed Moawalla raised the firm’s price target on Adyen (ADYEY) to EUR 2,400 from EUR 2,200 and keeps a Buy rating on the shares. Q4 results support the firm’s core thesis and it continues to have high conviction as the equity story shifts towards structural accelerating growth and operating leverage, the analyst tells investors.

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