This Is What Whales Are Betting On Trade Desk
Portfolio Pulse from Benzinga Insights
High-rolling investors are showing bullish interest in Trade Desk (NASDAQ:TTD) through significant options activity, with 62% of trades being bullish. The stock is currently priced at $121.21, up 2.54%, but RSI indicators suggest it may be overbought. Analysts have mixed ratings, with a consensus target price of $128.2.
October 25, 2024 | 2:15 pm
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Trade Desk (NASDAQ:TTD) sees significant bullish options activity, with 62% of trades being bullish. The stock is up 2.54% at $121.21, but RSI indicators suggest it may be overbought. Analysts have mixed ratings, with a consensus target price of $128.2.
The significant bullish options activity indicates strong investor interest, which could drive the stock price up in the short term. The stock's current price increase and mixed analyst ratings suggest potential volatility, but the overall sentiment leans bullish.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100