Check Out What Whales Are Doing With TTD
Portfolio Pulse from Benzinga Insights
A significant number of investors have taken a bearish stance on Trade Desk (NASDAQ:TTD), with 93% of detected trades showing bearish expectations. The whales have been targeting a price range from $75.0 to $95.0 for Trade Desk over the last 3 months. The price of TTD is currently up 0.45% at $85.22. Analysts have mixed opinions, with BTIG and Needham upgrading to Buy, while Redburn Partners and New Street Research downgraded to Sell.
August 07, 2023 | 3:16 pm
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NEGATIVE IMPACT
Trade Desk (NASDAQ:TTD) has seen a significant bearish sentiment among investors, with a targeted price range of $75-$95. The current price is up 0.45% at $85.22. Analysts have mixed opinions.
The bearish sentiment among investors, as evidenced by the high percentage of bearish trades, suggests a potential downward pressure on the stock price. The targeted price range by whales also indicates a potential decrease. However, mixed analyst opinions may create some uncertainty.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100