UBS Lowers Trade Desk’s Price Target to $80, Remains Positive

Reported about 20 hours ago

UBS has reduced The Trade Desk, Inc. (TTD)'s price target from $105 to $80 while keeping a Buy rating. This follows a similar downgrade by BofA Securities, which cut its target to $55 after TTD experienced a revenue growth slowdown. Despite these changes, TTD's long-term outlook remains positive, with a consensus one-year price target suggesting significant upside potential. Still, analysts suggest alternative AI stocks may offer better opportunities.

Source: YAHOO

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