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Analysts Have Conflicting Sentiments on These Communication Services Companies: Trade Desk (TTD) and Taboola.com (TBLA)

Tipranks - Fri Feb 27, 7:48AM CST

Companies in the Communication Services sector have received a lot of coverage today as analysts weigh in on Trade Desk (TTDResearch Report) and Taboola.com (TBLAResearch Report).

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Trade Desk (TTD)

In a report released today, Deepak Mathivanan from Cantor Fitzgerald reiterated a Hold rating on Trade Desk, with a price target of $22.00. The company’s shares closed last Wednesday at $25.16.

According to TipRanks.com, Mathivanan is a 5-star analyst with an average return of 16.0% and a 57.2% success rate. Mathivanan covers the Technology sector, focusing on stocks such as Uber Technologies, GoDaddy, and Shopify. ;'>

Trade Desk has an analyst consensus of Moderate Buy, with a price target consensus of $37.29, representing a 49.6% upside. In a report issued on February 11, Edgewater Research also upgraded the stock to Hold.

See the top stocks recommended by analysts >>

Taboola.com (TBLA)

B. Riley Securities analyst Zach Cummins maintained a Buy rating on Taboola.com yesterday and set a price target of $5.00. The company’s shares closed last Wednesday at $2.95, close to its 52-week low of $2.69.

According to TipRanks.com, Cummins is ranked #2188 out of 12136 analysts.

Currently, the analyst consensus on Taboola.com is a Strong Buy with an average price target of $5.00, which is a 70.1% upside from current levels. In a report issued on February 10, TipRanks – DeepSeek also upgraded the stock to Buy with a $4.00 price target.

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