The Trade Desk shares are trading higher after Morgan Stanley upgraded the stock from Equal-Weight to Overweight and raised its price target from $60 to $90.
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley upgraded The Trade Desk (TTD) stock from Equal-Weight to Overweight and raised its price target from $60 to $90, resulting in shares trading higher.
June 02, 2023 | 12:28 pm
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The Trade Desk stock upgraded by Morgan Stanley to Overweight with a raised price target of $90, leading to higher trading.
Morgan Stanley's upgrade to Overweight and raising the price target from $60 to $90 indicates a positive outlook for The Trade Desk. This news is likely to boost investor confidence and drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100