Truist Securities Maintains Buy on Trade Desk, Raises Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Buy rating on Trade Desk and increased its price target from $108 to $120, indicating confidence in the company's future performance.
October 02, 2024 | 1:12 pm
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Truist Securities has reaffirmed its Buy rating on Trade Desk and increased the price target from $108 to $120, suggesting a positive outlook for the company's stock.
The increase in price target from $108 to $120 by Truist Securities indicates a strong positive sentiment towards Trade Desk's future performance. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100