The Trade Desk shares are trading higher after the company reported better-than-expected Q2 financial results and issued Q3 revenue guidance above estimates. Also, Keybanc and Susquehanna raised their respective price targets on the stock.
Portfolio Pulse from Benzinga Newsdesk
The Trade Desk shares are trading higher following better-than-expected Q2 financial results and strong Q3 revenue guidance. Keybanc and Susquehanna have also raised their price targets for the stock.
August 09, 2024 | 11:51 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
The Trade Desk shares are trading higher after the company reported better-than-expected Q2 financial results and issued Q3 revenue guidance above estimates. Keybanc and Susquehanna raised their price targets on the stock.
The Trade Desk's better-than-expected Q2 financial results and strong Q3 revenue guidance are positive indicators for the company's future performance. Additionally, the raised price targets from Keybanc and Susquehanna further boost investor confidence, likely driving the stock price higher in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100