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Adyen (OTCMKTS:ADYEY) Rating Increased to Strong-Buy at Evercore ISI

Adyen logo with Computer and Technology background

Evercore ISI upgraded shares of Adyen (OTCMKTS:ADYEY - Free Report) to a strong-buy rating in a report issued on Tuesday, April 8th,Zacks.com reports.

Separately, Morgan Stanley reissued an "overweight" rating on shares of Adyen in a report on Friday, March 7th. One investment analyst has rated the stock with a buy rating and four have given a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Strong Buy".

Check Out Our Latest Stock Report on Adyen

Adyen Stock Up 1.8 %

Shares of ADYEY traded up $0.29 during midday trading on Tuesday, reaching $16.23. 1,504,112 shares of the stock were exchanged, compared to its average volume of 681,503. Adyen has a twelve month low of $10.78 and a twelve month high of $19.39. The business's 50-day moving average price is $16.60 and its 200 day moving average price is $15.55.

Adyen Company Profile

(Get Free Report)

Adyen N.V. operates a payments platform in Europe, the Middle East, Africa, North America, the Asia Pacific, Latin America. The company's platform integrates payments stack that include gateway, risk management, processing, issuing, acquiring, and settlement services. It offers a back-end infrastructure for authorizing.

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