The Latest Analyst Ratings for Trade Desk
Portfolio Pulse from Benzinga Insights
Trade Desk (NASDAQ:TTD) has received 10 analyst ratings in the last quarter, with 5 bullish and 5 somewhat bullish, and none bearish. The average 12-month price target among these analysts is $83.72, with a high of $100.00 and a low of $70.00, representing a 16.28% decrease from the previous target of $100.00. Analysts rate stocks typically once a quarter, and their ratings are based on financial analysis and insider information, though they are subjective opinions.
December 18, 2023 | 2:00 pm
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NEUTRAL IMPACT
Trade Desk has a positive outlook from analysts with 10 favorable ratings and an average price target of $83.72, indicating a potential downside from the previous target.
While the average price target suggests a decrease from the previous target, the overall analyst sentiment is still positive with no bearish ratings. This could lead to a neutral short-term impact on TTD's stock price as the market digests both the positive sentiment and the lowered price target.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100