Monness Crespi upgraded Adyen (ADYEY) to Buy from Neutral with an unchanged price target of EUR 1,500. The company’s existing client base, improving relative industry leadership, and growth available in slow environments make it likely Adyen can deliver “more all-weather growth,” the analyst tells investors in a research note.
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Read More on ADYEY:
- 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
- Adyen price target raised to EUR 2,150 from EUR 2,010 at Morgan Stanley
- Adyen price target raised to EUR 2,050 from EUR 1,800 at UBS
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