Piper Sandler Reiterates Overweight on Trade Desk, Raises Price Target to $110
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Matt Farrell has reiterated an Overweight rating on Trade Desk (NASDAQ:TTD) and increased the price target from $105 to $110.

May 09, 2024 | 12:21 pm
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Piper Sandler has reiterated an Overweight rating on Trade Desk and raised the price target from $105 to $110.
The reiteration of an Overweight rating combined with an increased price target from a reputable analyst like Matt Farrell suggests a strong bullish sentiment towards Trade Desk. This is likely to positively influence investor perception and could lead to a short-term increase in the stock price, as market participants may adjust their positions based on this new target.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100