BMO Capital Initiates Coverage On Trade Desk with Outperform Rating, Announces Price Target of $88
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Brian Pitz has initiated coverage on Trade Desk (NASDAQ:TTD) with an Outperform rating and set a price target of $88.

January 09, 2024 | 10:51 am
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BMO Capital has initiated coverage on Trade Desk with an Outperform rating and a price target of $88, which could positively influence the stock's performance.
Analyst coverage, especially with an Outperform rating, tends to generate positive sentiment among investors and can lead to an increase in stock price. The announcement of a price target above the current market price suggests a bullish outlook for Trade Desk, which may result in a short-term uplift in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100