KeyBanc raised the firm’s price target on Trade Desk to $100 from $75 and keeps an Overweight rating on the shares. The firm expects at least $463M in Q2 revenue versus consensus of $453M, and anticipates guidance of at least $480M. Big picture, KeyBanc believes CTV and retail media create a meaningful tailwind to revenue and EBITDA, with several catalysts ahead.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on TTD: