Analysts Raise Stock Price Targets for Trade Desk Following Strong Earnings

Reported 2 months ago

After The Trade Desk's impressive second-quarter earnings, where it reported earnings per share rising to 39 cents and revenues up to $584.6 million, analysts have boosted their stock price targets, highlighting the company's exceptional growth in the digital advertising sector. CEO Jeff Green emphasized the company's robust year-over-year growth and innovative strategies, including their AI-driven platform Kokai, positioning The Trade Desk favorably amidst a competitive landscape.

Source: YAHOO

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