Where Trade Desk Stands With Analysts
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 11 Wall Street analysts have published their opinions on Trade Desk (NASDAQ:TTD), with 5 giving a bullish and 6 a somewhat bullish rating. The average 12-month price target among these analysts is $85.91, with a high of $100.00 and a low of $70.00. This average price target represents a 14.09% decrease from the previous target of $100.00. Analysts typically review stocks quarterly or after major company updates, and their ratings are based on financial predictions and company risk assessments.
November 28, 2023 | 7:00 pm
News sentiment analysis
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NEGATIVE IMPACT
Trade Desk received 11 positive ratings from analysts with an average price target of $85.91, indicating a 14.09% decrease from the previous target of $100.00.
The reduction in the average price target suggests that analysts have adjusted their expectations for Trade Desk's future performance, which could lead to a short-term negative impact on the stock price. However, the overall positive ratings may buffer some of the negative sentiment.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100