Trade Desk Inc (TTD) Now Covered by Analysts at RBC Capital Markets
Several other equities research analysts have also recently weighed in on TTD. Jefferies Group assumed coverage on shares of Trade Desk in a research report on Monday. They issued a buy rating and a $35.00 price objective for the company. Susquehanna began coverage on shares of Trade Desk in a research report on Friday, September 23rd. They set a positive rating and a $40.00 price target for the company. Finally, Cantor Fitzgerald began coverage on shares of Trade Desk in a research report on Wednesday, October 5th. They set a buy rating and a $30.00 price target for the company. Eight analysts have rated the stock with a buy rating, Trade Desk presently has an average rating of Buy and an average target price of $33.13.
Shares of Trade Desk (NYSE:TTD) traded up 0.19% during mid-day trading on Monday, hitting $26.32. 27,464 shares of the stock were exchanged. The company’s 50-day moving average is $27.35 and its 200-day moving average is $27.35. The firm’s market cap is $290.44 million. Trade Desk has a 1-year low of $23.50 and a 1-year high of $33.40.
In other news, Director Eric B. Paley sold 299,979 shares of Trade Desk stock in a transaction that occurred on Monday, September 26th. The shares were sold at an average price of $18.00, for a total transaction of $5,399,622.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
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