Fly News Breaks for June 22, 2018
TTD
Jun 22, 2018 | 07:26 EDT
Oppenheimer analyst Brian Schwartz raised his price target for Trade Desk to $101 on higher SaaS industry group multiples. Following a recent visit to the company's office, the analyst tells investors in a research note that he would recommend staying the course on the name and would use any pullbacks as buying opportunities. Schwartz, who maintains an Outperform rating, expects the business momentum to continue over the next few quarters.
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