BofA Securities analyst Jessica Reif Ehrlich maintains $The Trade Desk (TTD.US)$ with a buy rating, and maintains the target price at $155.
According to TipRanks data, the analyst has a success rate of 53.5% and a total average return of 7.3% over the past year.
Furthermore, according to the comprehensive report, the opinions of $The Trade Desk (TTD.US)$'s main analysts recently are as follows:
It is expected that the consumer internet sector will see positive returns this year. However, 2025 could delineate clear winners and losers as discussions unfold over issues like capital expenditure requirements, artificial intelligence investments, slower margin improvements, disruptions owing to autonomous vehicles, AI monetization in both enterprise and consumer segments, and the effects of foreign exchange headwinds.
The year 2025 is anticipated to be favorable for the software sector, buoyed by several potential catalysts. Improved and stabilized spending trends, along with the emergence of generative artificial intelligence, are expected to fuel new innovations. Furthermore, the early estimates for the first half of 2025 benefit from favorable comparisons, with management teams focusing on growth strategies. Highlighted among the favored positions are large-cap firms like Adobe, Microsoft, and Snowflake; mid-cap companies such as Gitlab and Guidewire Software; as well as Clearwater Analytics, Magnite, and Varonis Systems in the small-cap category, and Dynatrace, MongoDB, and Nexxen classified as non-consensus ideas.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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