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Trade Desk price target raised to $115 from $112 at Citi

Citi analyst Ygal Arounian raised the firm’s price target on Trade Desk to $115 from $112 and keeps a Buy rating on the shares. The company’s quarter was again ahead of expectations as it continues to build on its dominance as the go-to service provicer for connected TV and the open internet, generally, the analyst tells investors in a research note.

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