Berenberg downgrades Adyen to 'hold' with a price target of EUR1095.00

An analyst from Berenberg downgraded Adyen (AS: ADYEN ) from 'buy' to 'hold' with a price target of EUR1095.00 from a prior price target of EUR1950.00.
Prior to this rating, Adyen had 9 buy ratings, 17 hold ratings, and 2 sell ratings.
For consensus analyst estimates and price targets on Adyen, click here. For more news on Adyen, click here.
Adyen's stock price closed at $663.90. They are down -16.84% in the last month and down -50.09% in the last 12 months.
According to Investing Pro, Adyen's fair value is $920.84, an upside of 38.70%. Adyen's fair value comes with a medium degree of uncertainty, according to InvestingPro.
Check out Adyen's recent earnings performance and financials here.

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