RBC Capital Maintains Outperform on Trade Desk, Raises Price Target to $105
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Matthew Hedberg has maintained an Outperform rating on Trade Desk (NASDAQ:TTD) and increased the price target from $90 to $105.
February 16, 2024 | 5:58 pm
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POSITIVE IMPACT
RBC Capital has maintained an Outperform rating on Trade Desk and raised the price target from $90 to $105.
The increase in price target by a reputable analyst firm like RBC Capital suggests a strong confidence in Trade Desk's future performance. This is likely to positively influence investor sentiment and potentially lead to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100