Adyen (OTCMKTS:ADYEY) Upgraded at Truist Financial

Truist Financial upgraded shares of Adyen (OTCMKTS:ADYEY) to a strong-buy rating in a report published on Monday morning,Zacks.com reports.

Other research analysts have also recently issued research reports about the stock. Monness Crespi & Hardt reiterated a “buy” rating on shares of Adyen in a report on Friday, May 2nd. Morgan Stanley reiterated an “overweight” rating on shares of Adyen in a report on Friday, March 7th. Finally, Evercore ISI upgraded shares of Adyen to a “strong-buy” rating in a report on Tuesday, April 8th. Two investment analysts have rated the stock with a buy rating and four have issued a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Strong Buy”.

Adyen Trading Up 0.8%

Adyen stock opened at $19.14 on Monday. Adyen has a twelve month low of $10.78 and a twelve month high of $19.39. The company has a 50 day moving average of $16.79 and a 200-day moving average of $16.21.

Adyen Company Profile

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.