Truist Securities Maintains Buy on Trade Desk, Lowers Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Youssef Squali has maintained a Buy rating on Trade Desk (NASDAQ:TTD) but lowered the price target from $90 to $80.

November 10, 2023 | 2:48 pm
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NEUTRAL IMPACT
Truist Securities maintains a Buy rating on Trade Desk but reduces the price target from $90 to $80.
The reduction in price target by Truist Securities could lead to a mixed short-term impact on Trade Desk's stock. While the Buy rating reaffirms confidence in the company's fundamentals, the lowered price target may reflect a more cautious outlook on the stock's valuation, potentially leading to a neutral market reaction.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100