Citi raised the firm’s price target on Adyen (ADYEY) to EUR 2,200 from EUR 200 and keeps a Buy rating on the shares. Adyen’s Q4 beat and “robust underlying trends” helped ease concerns on the growth acceleration and pricing, the analyst tells investors in a post-earnings note.
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Read More on ADYEY:
- Adyen price target raised to EUR 2,800 from EUR 1,659 at JPMorgan
- Adyen price target raised to EUR 1,700 from EUR 1,500 at Berenberg
- Adyen price target raised to EUR 2,000 from EUR 1,700 at Barclays
- Adyen price target raised to EUR 2,250 from EUR 1,850 at Deutsche Bank
- Adyen price target raised to EUR 2,010 from EUR 1,950 at Morgan Stanley