Trade Desk Inc (TTD) Given Average Rating of “Buy” by Brokerages
Trade Desk Inc (NYSE:TTD) has earned a consensus recommendation of “Buy” from the eight research firms that are covering the company. Eight analysts have rated the stock with a buy rating. The average 12-month price objective among brokers that have covered the stock in the last year is $33.13.
A number of research firms have weighed in on TTD. Royal Bank Of Canada began coverage on Trade Desk in a research note on Monday. They issued an “outperform” rating and a $33.00 price target for the company. Citigroup Inc. began coverage on Trade Desk in a research note on Monday. They issued a “buy” rating and a $31.00 price target for the company. Needham & Company LLC began coverage on Trade Desk in a research note on Monday. They issued a “buy” rating and a $32.00 price target for the company. Susquehanna began coverage on Trade Desk in a research note on Friday, September 23rd. They issued a “positive” rating and a $40.00 price target for the company. Finally, RBC Capital Markets began coverage on Trade Desk in a research note on Monday. They issued an “outperform” rating and a $33.00 price target for the company.
In other news, Director Eric B. Paley sold 299,979 shares of Trade Desk stock in a transaction that occurred on Monday, September 26th. The stock was sold at an average price of $18.00, for a total transaction of $5,399,622.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
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Shares of Trade Desk (NYSE:TTD) traded up 0.27% on Monday, hitting $26.43. The company had a trading volume of 262,698 shares. The company’s market capitalization is $291.66 million. The firm has a 50-day moving average price of $27.41 and a 200 day moving average price of $27.41. Trade Desk has a 12-month low of $23.50 and a 12-month high of $33.40.
Trade Desk Company Profile
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