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TTD

Trade Desk

$185.60 /

-5.45 (-2.85%)

16:14
10/10/19
10/10
16:14
10/10/19
16:14

Trade Desk upgraded to Outperform from Sector Perform at RBC Capital

RBC Capital analyst Mark Mahaney upgraded Trade Desk to Outperform from Sector Perform with an unchanged price target of $250. The stock closed Thursday down 3% to $185.65. Following the 32% decline from the July highs, Trade Desk's valuation is more compelling, Mahaney tells investors in a research note. Further, the company's positioning as one of the best derivatives off the "strong" secular streaming shift is "very favorable," contends the analyst. He believes Trade Desk's revenue growth and EBITDA margin fundamentals are among the strongest in small-to-mid cap space.

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  • 19

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TTD Trade Desk
$185.60 /

-5.45 (-2.85%)

10/10/19 RBC Capital
Trade Desk upgraded to Outperform from Sector Perform at RBC Capital
09/30/19 Jefferies
Jefferies incrementally positive on Trade Desk, Snap after Ad Week
09/26/19 Nomura Instinet
Nomura Instinet upgrades Trade Desk to Neutral on expectations 'reset'
09/25/19 Nomura Instinet
Trade Desk upgraded to Neutral from Reduce at Nomura Instinet

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