Wells Fargo Keeps Their Buy Rating on Trade Desk (TTD)
In a report released today, Brian Fitzgerald from Wells Fargo maintained a Buy rating on Trade Desk (TTD), with a price target of $525.00. The company’s shares closed last Tuesday at $478.25.
According to TipRanks.com, Fitzgerald is a top 25 analyst with an average return of 32.6% and a 79.1% success rate. Fitzgerald covers the Technology sector, focusing on stocks such as LiveRamp Holdings, ANGI Homeservices, and Uber Technologies.
Trade Desk has an analyst consensus of Moderate Buy, with a price target consensus of $319.80.
See today’s analyst top recommended stocks >>
Trade Desk’s market cap is currently $21.89B and has a P/E ratio of 177.00. The company has a Price to Book ratio of 30.84.
Based on the recent corporate insider activity of 107 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TTD in relation to earlier this year.
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. is a technology company, which engages in the provision of technology platform for advertising buyers. It operates through United States and International geographical segments. The firm’s products include audio advertising, mobile advertising, native advertising, data management platform, cross-device targeting, and inventory and marketplaces. The company was founded by Jeffrey Terry Green and David Pickles in November 2009 and is headquartered in Ventura, CA.