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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Read More on ADYEY:
- Adyen price target raised to EUR 2,200 from EUR 200 at Citi
- 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