Trade Desk Inc (TTD) Now Covered by Jefferies Group
Equities researchers at Jefferies Group began coverage on shares of Trade Desk Inc (NYSE:TTD) in a research report issued to clients and investors on Monday, The Fly reports. The firm set a “buy” rating on the stock.
A number of other equities analysts have also recently commented on the company. Cantor Fitzgerald assumed coverage on Trade Desk in a research note on Wednesday, October 5th. They issued a “buy” rating and a $30.00 price target on the stock. Susquehanna assumed coverage on Trade Desk in a research note on Friday, September 23rd. They issued a “positive” rating and a $40.00 price target on the stock. Seven investment analysts have rated the stock with a buy rating, The stock presently has an average rating of “Buy” and an average target price of $33.75.
Shares of Trade Desk (NYSE:TTD) opened at 26.36 on Monday. The stock’s market capitalization is $290.88 million. The company has a 50-day moving average price of $27.41 and a 200-day moving average price of $27.41. Trade Desk has a 52-week low of $23.50 and a 52-week high of $33.40.
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In other news, Director Eric B. Paley sold 299,979 shares of the business’s 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 transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.
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