BTIG initiated coverage of Trade Desk with a Neutral rating and no price target. The analyst says consensus estimates appear "slightly aggressive" relative to BTIG’s current expectations for 2023. The firm is bullish on Trade Desk and will look for signs that either its estimates are too low, or that revision risk has been absorbed before recommending the shares.
Published first on TheFly
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Read More on TTD:
- Trade Desk price target raised to $76 from $60 at Citi
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- Trade Desk price target raised to $68 from $65 at Needham
