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Fly News Breaks for August 9, 2019
TTD
Aug 9, 2019 | 09:10 EDT
SunTrust analyst Youssef Squali raised his price target on Trade Desk to $285 and kept his Buy rating after its stronger than expected Q2 results. The analyst says the company continues to demonstrate "excellent execution" against a "massive and growing" opportunity in programmatic advertising, with annualized growth and healthy margins driven by its "sticky" product offering and differentiated positioning.
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