Trade Desk Inc (NASDAQ:TTD) stock is ticking upward today, after the digital ad firm delivered another beat and raise quarter, driven by sustained momentum and well-rounded growth across all channels. Specifically, the company reported 2Q17 revenue of $72.8 million, above consensus’ $68.0 million estimate. Adj. EBITDA of $25.3 million and adj EPS of $0.52 exceeded consensus estimates by $10.1 million and $0.35, respectively.

In reaction, Jefferies’ top analyst Brian Fitzgerald┬áraised his price target to $60.00 (from $57.00), while┬áreiterating a Buy rating on the stock.

Fitzgerald commented, “The Trade Desk printed its fourth straight beat quarter, performing exceptionally well in all aspects. TTD has taken advantage of being able to focus on being the best buy-side focused agency partner to continue to iterate on its tech stack and continues to grow its programmatic spend faster than the industry across verticals.”

“We see upside in 2H & 2018 and raise our Revenue and EBITDA estimates. We are raising our top line estimates for 2018 to $388MM driven by greater customer additions than expected in 1H17. We are raising our ’18 EBITDA estimate to $119MM, a 31% margin,” the analyst added.

According to TipRanks.com, which measures analysts’ and bloggers’ success rate based on how their calls perform, Fitzgerald is a 5-star analyst, holding a yearly average return of 22.9% and a 77% success rate. Fitzgerald has a 58.5% average return when recommending TTD, and is ranked #15 out of 4628 analysts.

Out of the 7 analysts polled in the past 12 months, 6 rate Trade Desk stock a Buy, while 1 rates the stock a Hold. With a return potential of 6%, the stock’s consensus target price stands at $54.71.