RBC Capital lowered the firm’s price target on Trade Desk (TTD) to $90 from $100 and keeps an Outperform rating on the shares. After a strong move intra-quarter, the company’s solid results fell short of investors raised expectations, the analyst tells investors in a research note. The management is dealing with some company-specific headwinds due to their enterprise install base, which is more susceptible to tariffs, RBC adds.
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