Adyen: UBS drastically reduces its target

( – While maintaining its ‘neutral’ position on Adyen, UBS drastically reduced its price target from 1,641 to 854 euros, a new target that leaves a potential upside of 9% for the title of the Dutch company fintech.

“Even after the failure of expectations in the first half of 2023, we see risks for the outlook for the second half of the year”, indicates the broker who thus judges “the medium-term objectives out of reach in the short term”.

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