Raymond James analyst Aaron Kessler maintained a Buy rating on Trade Desk Inc (NASDAQ: TTD) on August 13 and set a price target of $122. The company’s shares closed yesterday at $133, close to its 52-week high of $133.46.
According to TipRanks.com, Kessler is a top 25 analyst with an average return of 25.9% and a 75.1% success rate. Kessler covers the Technology sector, focusing on stocks such as Wix.com Ltd, Criteo SA, and Facebook.
Trade Desk Inc has an analyst consensus of Moderate Buy, with a price target consensus of $121.27, implying a -8.8% downside from current levels. In a report issued on August 9, RBC Capital also reiterated a Buy rating on the stock with a $126 price target.
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The company has a one-year high of $133.46 and a one-year low of $40.70. Currently, Trade Desk Inc has an average volume of 1.27M.
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The Trade Desk, Inc. provides a technology platform for ad buyers. It offers agencies, aggregators and advertisers technology to manage and display, social, mobile and video advertising campaigns. The company was founded by Jeffrey Terry Green and David Pickles in November 2009 and is headquartered in Ventura, CA.
