DZ BANK Upgrades Adyen N.V. - Depositary Receipt () (ADYEY)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 10 2024
0mins
Source: NASDAQ.COM
DZ BANK Upgrade: On August 6, 2024, DZ BANK upgraded Adyen N.V. from Sell to Buy, with an average one-year price target of $629.86/share, suggesting a potential upside of 4,801.61% from its current price of $12.85/share.
Fund Sentiment and Ownership Changes: There has been a decrease in institutional ownership by 10.81% over the last quarter, with notable changes in holdings from firms like Glynn Capital Management and ARK Next Generation Internet ETF, indicating mixed sentiment among investors.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
