Why The Trade Desk's Stock Is Trading Higher Today

The Trade Desk, Inc. (NASDAQ:TTD) shares are trading higher after several firms maintained bullish ratings on the stock and raised their price targets, respectively, following the company's Q2 earnings results.

The Ratings:


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  • Keybanc Maintains Overweight on Trade Desk, Raises Price Target to $90
  • Oppenheimer Maintains Outperform on Trade Desk, Raises Price Target to $95
  • Stephens & Co. Maintains Overweight on Trade Desk, Raises Price Target to $92
  • Rosenblatt Maintains Neutral on Trade Desk, Raises Price Target to $60
  • DA Davidson Maintains Buy on Trade Desk, Raises Price Target to $95
  • Susquehanna Maintains Positive on Trade Desk, Raises Price Target to $105
  • Truist Securities Maintains Buy on Trade Desk, Raises Price Target to $92

The Trade Desk operates as a technology company in the United States and internationally. The company operates a self-service cloud-based platform that allows buyers to create, manage, and optimize data-driven digital advertising campaigns in various ad formats and channels.

The stock was trading about 9.5% higher at $89.05 per share on Tuesday at the time of publication. The stock has a 52-week high of $97.28 and a 52-week low of $40.85.


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