Research analysts at RBC Capital Markets started coverage on shares of Trade Desk Inc (NYSE:TTD) in a research report issued on Monday. The firm set an “outperform” rating and a $33.00 price target on the stock. RBC Capital Markets’ price target would suggest a potential upside of 27.51% from the company’s previous close.
Several other analysts also recently weighed in on the stock. Jefferies Group began coverage on shares of Trade Desk in a research report on Monday. They set a “buy” rating and a $35.00 price objective for the company. 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 objective for the company. Finally, 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 objective for the company. Eight research analysts have rated the stock with a buy rating, The company presently has an average rating of “Buy” and an average price target of $33.13.
Shares of Trade Desk (NYSE:TTD) opened at 25.88 on Monday. Trade Desk has a one year low of $23.50 and a one year high of $33.40. The stock’s market capitalization is $285.59 million. The company’s 50-day moving average is $27.28 and its 200-day moving average is $27.28.
In other news, Director Eric B. Paley sold 299,979 shares of the stock in a transaction that occurred on Monday, September 26th. The stock was sold at an average price of $18.00, for a total transaction of $5,399,622.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
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