On Nov 09, major Wall Street analysts update their ratings for $The Trade Desk (TTD.US)$, with price targets ranging from $57 to $150.
BofA Securities analyst Jessica Reif Ehrlich maintains with a buy rating.
Citi analyst Ygal Arounian maintains with a buy rating, and maintains the target price at $140.
UBS analyst Chris Kuntarich maintains with a buy rating, and adjusts the target price from $100 to $150.
Macquarie analyst Tim Nollen maintains with a buy rating.
Baird analyst Vikram Kesavabhotla maintains with a buy rating, and adjusts the target price from $130 to $140.
Furthermore, according to the comprehensive report, the opinions of $The Trade Desk (TTD.US)$'s main analysts recently are as follows:
The firm has heightened confidence in the company's ability to maintain over 20% revenue growth in the medium term, recognizing the broader macro trends that are propelling The Trade Desk's expansion.
The company exhibited a robust 27% revenue increase and an impressive 41% adjusted EBITDA margin for Q3. Despite the Q4 revenue projection being slightly conservative at 25%, several growth vectors were highlighted by the management that are expected to sustain consistent expansion.
Trade Desk is perceived to have considerable momentum leading into 2025, bolstered by substantial new partnerships and innovations in their product offerings throughout 2024.
Here are the latest investment ratings and price targets for $The Trade Desk (TTD.US)$ from 13 analysts:
Note:
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