Trade Desk Inc (TTD) Coverage Initiated by Analysts at RBC Capital Markets
Analysts at RBC Capital Markets started coverage on shares of Trade Desk Inc (NYSE:TTD) in a research report issued on Monday, The Fly reports. The firm set an “outperform” rating on the stock.
Several other analysts also recently commented on the stock. Jefferies Group assumed coverage on shares of Trade Desk in a research report on Monday. They issued a “buy” rating for the company. Cantor Fitzgerald assumed coverage on shares of Trade Desk in a report on Wednesday, October 5th. They set a “buy” rating and a $30.00 price objective for the company. Finally, Susquehanna assumed coverage on shares of Trade Desk in a report on Friday, September 23rd. They set a “positive” rating and a $40.00 price objective for the company. Seven research analysts have rated the stock with a buy rating, The company has a consensus rating of “Buy” and a consensus price target of $33.75.
Shares of Trade Desk (NYSE:TTD) opened at 26.36 on Monday. Trade Desk has a 12 month low of $23.50 and a 12 month high of $33.40. The company’s market cap is $290.88 million. The company’s 50 day moving average is $27.41 and its 200-day moving average is $27.41.
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In related news, Director Eric B. Paley sold 299,979 shares of the company’s stock in a transaction on Monday, September 26th. The shares were sold at an average price of $18.00, for a total transaction of $5,399,622.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
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