Reaffirmed: The Trade Desk (TTD) “Positive” Rating Maintained at Susquehanna; $105.0 Target in Place

June 14, 2018 - By Hazel Jackson

The Trade Desk (TTD) Rating Reaffirmed

In a report made public this morning, Susquehanna reiterated their “Positive” rating on The Trade Desk (TTD) shares. The PT means a possible upside of 16.59 % from firm’s current price.

The Trade Desk, Inc. (NASDAQ:TTD) Ratings Coverage

Among 9 analysts covering Trade Desk Inc (TTD), 8 have Buy rating, 0 Sell and 1 Hold. Therefore 89% are positive. Trade Desk Inc has $97 highest and $60.0 lowest target. $72’s average target is -20.47% below currents $90.53 stock price. Trade Desk Inc had 16 analyst reports since December 20, 2017 according to SRatingsIntel. The firm has “Buy” rating by Citigroup given on Monday, February 26. The firm has “Buy” rating by Stifel Nicolaus given on Thursday, January 18. Susquehanna maintained the stock with “Buy” rating in Monday, January 8 report. The company was maintained on Friday, February 23 by Susquehanna. The company was maintained on Friday, January 12 by SunTrust. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, February 23 report. The stock has “Buy” rating by Jefferies on Thursday, February 22. Piper Jaffray maintained the shares of TTD in report on Friday, May 11 with “Buy” rating. The stock of The Trade Desk, Inc. (NASDAQ:TTD) has “Buy” rating given on Friday, February 23 by SunTrust. The rating was initiated by Wells Fargo with “Buy” on Wednesday, December 20.

The stock increased 0.52% or $0.47 during the last trading session, reaching $90.53. About 1.17M shares traded. The Trade Desk, Inc. (TTD) has risen 58.80% since June 14, 2017 and is uptrending. It has outperformed by 46.23% the S&P500.

Analysts await The Trade Desk, Inc. (NASDAQ:TTD) to report earnings on August, 9. They expect $0.32 earnings per share, down 27.27 % or $0.12 from last year’s $0.44 per share. TTD’s profit will be $13.48M for 70.73 P/E if the $0.32 EPS becomes a reality. After $0.20 actual earnings per share reported by The Trade Desk, Inc. for the previous quarter, Wall Street now forecasts 60.00 % EPS growth.

The Trade Desk, Inc., a technology company, operates a self-service cloud platform that enables advertising buyers to create, manage, and optimize data-driven digital advertising campaigns using their own teams in the United States and internationally. The company has market cap of $3.81 billion. The Company’s platform allows clients to manage integrated advertising campaigns across various advertising formats, including display, video, audio, native, and social, as well as on various devices, such as computers, mobile devices, and connected television. It has a 78.72 P/E ratio. The firm serves advertising agencies and other service providers for advertisers.

More notable recent The Trade Desk, Inc. (NASDAQ:TTD) news were published by: Seekingalpha.com which released: “Trade Desk gains cut back after Citron warns on Apple’s ad move” on June 01, 2018, also Fool.com with their article: “The Trade Desk Stock Explodes – What Investors Need to Know” published on May 17, 2018, Fool.com published: “What Happened in the Stock Market Today” on June 04, 2018. More interesting news about The Trade Desk, Inc. (NASDAQ:TTD) were released by: Fool.com and their article: “Can The Trade Desk Stock Keep Going After Last Week’s 13% Pop?” published on May 22, 2018 as well as Seekingalpha.com‘s news article titled: “The Trade Desk: High Growth Expectations Ahead” with publication date: May 18, 2018.

The Trade Desk, Inc. (NASDAQ:TTD) Ratings Chart

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