A number of other research analysts have also weighed in on TTD. Jefferies Group began coverage on Trade Desk in a report on Monday. They set a buy rating and a $35.00 target price for the company. RBC Capital Markets began coverage on Trade Desk in a report on Monday. They set an outperform rating and a $33.00 target price for the company. Susquehanna began coverage on Trade Desk in a report on Friday, September 23rd. They set a positive rating and a $40.00 price objective for the company. Finally, Cantor Fitzgerald began coverage on Trade Desk in a report on Wednesday, October 5th. They set a buy rating and a $30.00 price objective for the company. Eight analysts have rated the stock with a buy rating, Trade Desk presently has an average rating of Buy and a consensus price target of $33.13.
Trade Desk (NYSE:TTD) traded up 0.19% during trading on Monday, hitting $26.32. 27,464 shares of the company traded hands. Trade Desk has a 12-month low of $23.50 and a 12-month high of $33.40. The company’s market capitalization is $290.44 million. The stock has a 50 day moving average price of $27.35 and a 200 day moving average price of $27.35.
In related news, Director Eric B. Paley sold 299,979 shares of the business’s stock in a transaction that occurred 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
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