The Trade Desk (TTD) PT Raised to $225 at Macquarie Ahead of Investor Day
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Price: $14.56 +7.93%
Rating Summary:
12 Buy, 29 Hold, 7 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 19 | Down: 16 | New: 9
Rating Summary:
12 Buy, 29 Hold, 7 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 19 | Down: 16 | New: 9
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Macquarie analyst Tim Nollen raised the price target on The Trade Desk (NASDAQ: TTD) to $225.00 (from $150.00) while maintaining a Outperform rating ahead of the March 6 Investor Day.
- Investor day on March 6 should provide detail on great growth opportunities in CTV, data and China, and investment plans for the coming years.
- Shares reflect much optimism, and valuation may be a near-term risk.
- But sentiment is driven by the top line potential; we raise our TP to $225.
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