Susquehanna lowered the firm’s price target on Trade Desk to $75 from $105 and keeps a Positive rating on the shares. The firm said they reported strong Q3 results and while the 4Q outlook was lower than expected given some October softness, trends stabilized in November, and the guide is still looking for 22% year-over-year growth ex-political, which is significantly faster than most peers and highlights continued share gains.
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