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