RBC Capital Reiterates Outperform on Trade Desk, Maintains $100 Price Target
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Matthew Hedberg has reiterated his 'Outperform' rating on Trade Desk (NASDAQ:TTD) and maintained a price target of $100.
August 10, 2023 | 2:41 pm
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POSITIVE IMPACT
Trade Desk's stock may see positive movement due to the reiterated 'Outperform' rating and maintained price target by RBC Capital.
Analyst ratings and price targets can significantly influence investor sentiment and stock price. The 'Outperform' rating suggests that RBC Capital expects Trade Desk to outperform the market, which could lead to increased investor interest and a potential rise in stock price. The maintained price target of $100 also indicates confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100