What 27 Analyst Ratings Have To Say About Trade Desk
Portfolio Pulse from Benzinga Insights
Trade Desk (NASDAQ:TTD) has received 27 analyst ratings in the last quarter, with 13 being bullish, 10 somewhat bullish, and 4 bearish. The company has an average 12-month price target of $84.85, which has increased by 10.07% over the past month.
August 31, 2023 | 1:00 pm
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Trade Desk has received mostly bullish ratings from analysts in the last quarter, which could positively impact its stock price. The increase in the average price target also suggests a potential upside.
Analyst ratings often influence investor sentiment and can impact a stock's price. In this case, the majority of the 27 analysts are bullish or somewhat bullish on Trade Desk, which could lead to increased investor confidence and a potential rise in the stock's price. Additionally, the average price target for the company has increased over the past month, suggesting that analysts see potential upside for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100