RBC Capital Markets started coverage on shares of Trade Desk Inc (NYSE:TTD) in a research report released on Monday. The brokerage issued an outperform rating and a $33.00 price objective on the stock.
A number of other research firms also recently weighed in on TTD. Jefferies Group assumed coverage on shares of Trade Desk in a research report on Monday. They set a buy rating and a $35.00 target price for the company. Cantor Fitzgerald assumed coverage on shares of Trade Desk in a research report on Wednesday, October 5th. They set a buy rating and a $30.00 target price 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 target price for the company. Eight research analysts have rated the stock with a buy rating, Trade Desk currently has a consensus rating of Buy and an average price target of $33.13.
Trade Desk (NYSE:TTD) traded up 0.19% on Monday, reaching $26.32. 27,464 shares of the company traded hands. The firm has a 50 day moving average of $27.35 and a 200-day moving average of $27.35. The stock’s market capitalization is $290.44 million. Trade Desk has a one year low of $23.50 and a one year high of $33.40.
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.
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