Stock analysts at Jefferies Group initiated coverage on shares of Trade Desk Inc (NYSE:TTD) in a report released on Monday. The firm set a “buy” rating on the stock.

A number of other equities analysts have also recently issued reports on TTD. Susquehanna initiated coverage on Trade Desk in a report on Friday, September 23rd. They set a “positive” rating and a $40.00 price target on the stock. Cantor Fitzgerald initiated coverage on Trade Desk in a report on Wednesday, October 5th. They issued a “buy” rating and a $30.00 target price on the stock. Seven investment analysts have rated the stock with a buy rating, Trade Desk currently has an average rating of “Buy” and an average target price of $33.75.

Trade Desk (NYSE:TTD) opened at 26.36 on Monday. Trade Desk has a 52-week low of $23.50 and a 52-week high of $33.40. The company’s market capitalization is $290.88 million. The firm’s 50-day moving average is $27.41 and its 200-day moving average is $27.41.

In related news, Director Eric B. Paley sold 299,979 shares of the stock in a transaction on Monday, September 26th. The stock was sold at an average price of $18.00, for a total value of $5,399,622.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

5 Day Chart for NYSE:TTD

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