Shares of Trade Desk Inc (NASDAQ: TTD) tanked in early trading on Friday, after the company reported its third-quarter earnings.
The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release.
- Truist Securities analyst Youssef Squali maintained a Buy rating, while reducing the price target from $90 to $80.
- Piper Sandler analyst Matt Farrell reiterated an Overweight rating, while cutting the price target from $100 to $80.
- Needham analyst Laura Martin reaffirmed a Buy rating and price target of $100.
- Stifel analyst Mark Kelley maintained a Buy rating on the stock.
Check out other analyst stock ratings.
Truist Securities: The pullback in the stock following the earnings release presents “an opportunity to own one of the best digital ad platforms at a reasonable valuation ...