Trade Desk Inc (TTD) Gets a Buy Rating from Raymond James


In a report released yesterday, Aaron Kessler from Raymond James maintained a Buy rating on Trade Desk Inc (TTD), with a price target of $123. The company’s shares closed yesterday at $110.93.

According to TipRanks.com, Kessler is a top 100 analyst with an average return of 21.6% and a 67.4% success rate. Kessler covers the Technology sector, focusing on stocks such as Cardlytics Inc, Alphabet Inc, and Facebook.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Trade Desk Inc with a $129.56 average price target, representing a 16.8% upside. In a report issued on November 1, Oppenheimer also reiterated a Buy rating on the stock with a $130 price target.

.

See today’s analyst top recommended stocks >>

Trade Desk Inc’s market cap is currently $4.75B and has a P/E ratio of 76.50. The company has a Price to Book ratio of 15.79.

Based on the recent corporate insider activity of 88 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts