Key Takeaways From Trade Desk Analyst Ratings
Portfolio Pulse from Benzinga Insights
In the past three months, 21 analysts have rated Trade Desk (NASDAQ:TTD), with a mix of bullish and bearish sentiments. The average 12-month price target increased by 7.69% to $111.19. Analysts have raised their price targets, reflecting positive sentiment. Trade Desk shows strong financial performance with a 25.91% revenue growth rate, a 14.55% net margin, and a low debt-to-equity ratio of 0.11.
August 26, 2024 | 2:01 pm
News sentiment analysis
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POSITIVE IMPACT
Trade Desk has received a mix of analyst ratings, with a recent increase in the average price target to $111.19, indicating positive sentiment. The company's strong financial performance, including a 25.91% revenue growth rate and a 14.55% net margin, supports this outlook.
The increase in the average price target and the majority of analysts raising their ratings suggest a positive short-term impact on Trade Desk's stock price. The company's strong financial metrics further support this positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100