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Analysts See Strong Growth Potential For The Trade Desk Amid CTV Expansion And Stable Digital Ad Market

Benzinga ·  03:16

The Trade Desk, Inc.(NASDAQ:TTD) reported second-quarter financial results on Thursday.

Analysts covering the California, United States-based company provided their takes:

  • Piper Sandleranalyst Matt Farrell reiterated an Overweight rating on the stock, with a price forecast of $110.
  • Wedbushanalyst Scott Devitt maintained an Outperform rating with a price forecast of $110.
  • RBC Capital Marketsanalyst Matthew Swanson reiterated an Outperform rating on the company, with a price forecast of $110.
  • Benchmarkanalyst Mark Zgutowicz reiterated the Sell rating on the stock, raising the price forecast to $57 from $49.
  • Truist Securities analyst Youssef Squali maintained the Buy rating, raising the...
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