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Trade Desk price target raised to $135 from $120 at Truist

Truist analyst Youssef Squali raised the firm’s price target on Trade Desk (TTD) to $135 from $120 and keeps a Buy rating on the shares after its Q3 earnings beat. The company’s execution remains exceptional amid a volatile digital ad market, with the strong momentum and share gains being driven by CTV given its rapid adoption in the U.S. and internationally, the analyst tells investors in a research note.

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