New Street Research Downgrades Trade Desk to Sell, Maintains Price Target to $86
Portfolio Pulse from Benzinga Newsdesk
New Street Research has downgraded Trade Desk (NASDAQ:TTD) from Neutral to Sell, while maintaining the price target at $86.
October 29, 2024 | 4:37 pm
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NEGATIVE IMPACT
New Street Research has downgraded Trade Desk from Neutral to Sell, indicating a negative outlook on the stock. The price target remains at $86.
The downgrade from Neutral to Sell by a reputable analyst firm suggests a negative sentiment towards Trade Desk's stock, which could lead to a decrease in its stock price. The maintained price target of $86 indicates that the analyst does not expect significant upside potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100