Analysts Offer Insights on Communication Services Companies: Trade Desk (TTD) and Iridium Communications (IRDM)
Companies in the Communication Services sector have received a lot of coverage today as analysts weigh in on Trade Desk (TTD) and Iridium Communications (IRDM).
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Trade Desk (TTD)
In a report released today, Richard Kramer from Arete Research downgraded Trade Desk to Sell, with a price target of $11.60. The company’s shares closed last Monday at $18.65.
According to TipRanks.com, Kramer is ranked #11759 out of 12334 analysts.
Currently, the analyst consensus on Trade Desk is a Hold with an average price target of $24.35.
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Iridium Communications (IRDM)
Barclays analyst Mathieu Robilliard maintained a Buy rating on Iridium Communications today and set a price target of $36.00. The company’s shares closed last Monday at $54.59.
Robilliard has an average return of
According to TipRanks.com, Robilliard is ranked #1933 out of 12334 analysts.
The word on The Street in general, suggests a Hold analyst consensus rating for Iridium Communications with a $34.00 average price target, implying a -34.3% downside from current levels. In a report released yesterday, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $50.00 price target.
Read More on TTD:
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- Moderately bullish activity in Trade Desk with shareslittle changed
- Cboe data shows mixed options sentiment in Trade Desk with shareslittle changed
- Moderately bullish activity in Trade Desk with shares up 0.29%
- Benchmark says Trade Desk partnerships ‘critically important’ to both Fox, Roku
- Trade Desk: Buy Rating Reiterated as Publicis Partnership Resumes; Price Target Maintained at $35
