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TTD

Trade Desk

$59.28

-2.37 (-3.84%)

09:12
11/10/17
11/10
09:12
11/10/17
09:12

Trade Desk dip should be bought, says Susquehanna

Susquehanna analyst Shyam Patil said Trade Desk continues to gain market share across the programmatic spectrum and believes the story is still in the early innings. He sees emerging opportunities and views the company as the clear leader with superior technology. He said the business momentum remains strong and any dip should be bought. Patil reiterated his Positive rating and raised his price target to $70 from $66 on Trade Desk shares.

TTD Trade Desk
$59.28

-2.37 (-3.84%)

10/02/17
10/02/17
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Micron (MU) initiated with a Market Perform at BMO Capital. 2. Virtu Financial (VIRT) initiated with an In Line at Evercore ISI. 3. Viper Energy (VNOM) initiated with a Neutral at UBS. 4. Trade Desk (TTD) and Criteo (CRTO) were initiated with an Outperform at JMP Securities. 5. Myomo (MYO) initiated with a Buy at H.C. Wainwright. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
10/06/17
NEED
10/06/17
NO CHANGE
Target $66
NEED
Buy
Trade Desk price target raised to $66 from $62 at Needham
Needham analyst Kerry Rice raised his price target on Trade Desk to $66 and maintained his Buy rating following the company's analyst day on Wednesday. Rice notes "the future is bright" for the company on expectations of proliferating ad-funded models and increasing trends of on-demand TV options by consumers. The analyst is also constructive on the company's potential for international expansion, with only about 12% of overall revenue generated overseas.
10/12/17
MACQ
10/12/17
INITIATION
Target $78
MACQ
Outperform
Trade Desk initiated with an Outperform at Macquarie
Macquarie analyst Tim Nollen initiated Trade Desk with an Outperform and $78 price target saying it has one of the premier independent programmatic demand-side platforms in the ad industry. The analyst believes Trade Desk is a tech company operating a SaaS model with a 95% customer retention rate and 30%+ adjusted EBITDA margins that are expected to expand to 40% long-term.
11/10/17
MACQ
11/10/17
NO CHANGE
Target $68
MACQ
Trade Desk recommended following the Q3 beat at Macquarie
Macquarie analyst Tim Nolan said to Buy Trade Desk on "another Q3 beat" and raise. The analyst said management's bullish tone was unchanged and still sees excellent store growth. He said any near-term weakness in shares is a buying opportunity for this fast growing ad-tech business capitalizing on automation trends.

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