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Fly News Breaks for March 8, 2019
TTD
Mar 8, 2019 | 07:06 EDT
Following an upbeat Investor Day, Oppeneheimer analyst Brian Schwartz tells investors in a research note that he believes Trade Desk is executing very well and that the tone of the business from management was positive. The combined effects of steady share gains, international's maturation, new services, and rapid platform updates can drive sustained revenue, EBITDA and free cash flow growth, Schwartz says. He reiterates an Outperform rating and raises his price target to $210 from $180.
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