Check Out What Whales Are Doing With TTD
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bearish stance on Trade Desk (NASDAQ:TTD), with 87% of the spotted trades being bearish. The whales have been targeting a price range from $50.0 to $90.0 for Trade Desk over the last 3 months. UBS has downgraded its action to Buy with a price target of $100. The price of TTD is up 0.52% at $85.6.
October 11, 2023 | 4:16 pm
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Trade Desk (NASDAQ:TTD) has seen a bearish stance from a significant investor, with a targeted price range of $50-$90. UBS has downgraded its action to Buy with a price target of $100. The stock is currently up 0.52% at $85.6.
The bearish stance from a significant investor, along with the targeted price range of $50-$90, indicates a potential downward pressure on the stock. However, UBS's downgrade to Buy with a $100 target suggests some positive sentiment. The current price increase of 0.52% may be temporary, and the stock may experience volatility in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100