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Trade Desk (TTD) Receives a Hold from Stifel Nicolaus

Tipranks - Tue Apr 14, 6:18AM CDT

Stifel Nicolaus analyst Mark Kelley maintained a Hold rating on Trade Desk today and set a price target of $25.00.

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Kelley covers the Communication Services sector, focusing on stocks such as Trade Desk, Meta Platforms, and Alphabet Class A. According to TipRanks, Kelley has an average return of 20.3% and a 56.81% success rate on recommended stocks.

Trade Desk has an analyst consensus of Moderate Buy, with a price target consensus of $31.50.

Based on Trade Desk’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $846.79 million and a net profit of $186.95 million. In comparison, last year the company earned a revenue of $741.01 million and had a net profit of $182.23 million

Based on the recent corporate insider activity of 56 insiders, corporate insider sentiment is neutral on the stock. Last month, Kathryn Falberg, a Director at TTD sold 152,828.00 shares for a total of $4,655,112.60.

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