Loop Capital Maintains Buy on Trade Desk, Raises Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Loop Capital has maintained a Buy rating on Trade Desk and increased its price target from $109 to $120, indicating confidence in the company's future performance.
August 26, 2024 | 12:53 pm
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Loop Capital has reiterated its Buy rating for Trade Desk and increased the price target from $109 to $120, suggesting a positive outlook for the company's stock.
The increase in price target from $109 to $120 by Loop Capital, along with the maintained Buy rating, indicates a strong positive sentiment towards Trade Desk's future performance. This is likely to boost investor confidence and potentially lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100