Morgan Stanley upgraded Adyen to Overweight from Equal Weight with a price target of EUR 1,850, up from EUR 1,205. The analyst’s updated cohort analysis supports a 29% volume and 23% net revenue growth annually to 2028 for Adyen. The firm now has increased confidence around the durability of the company’s’ growth.
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Read More on ADYEY:
- New Street upgrades Adyen to Buy, sees 25% share upside
- Adyen upgraded to Buy from Neutral at New Street
- Adyen upgraded to Conviction Buy from Buy at Goldman Sachs
- Adyen price target raised to EUR 1,821 from EUR 1,743 at Jefferies
- Adyen price target raised to EUR 2,000 from EUR 1,600 at Goldman Sachs
