Keybanc Maintains Overweight on Trade Desk, Lowers Price Target to $84
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Justin Patterson maintains an Overweight rating on Trade Desk (NASDAQ:TTD) but lowers the price target from $100 to $84.

November 10, 2023 | 12:30 pm
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Trade Desk's price target has been lowered from $100 to $84 by Keybanc, though the Overweight rating is maintained.
The lowering of the price target by Keybanc indicates a potential decrease in the stock's value. However, the maintained Overweight rating suggests that the stock is still expected to outperform. This mixed signal could lead to short-term uncertainty and potential downward pressure on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100