BofA lowered the firm’s price target on Trade Desk (TTD) to $20 from $40 and keeps an Underperform rating on the shares. Q4 results beat expectations, but Q1 guidance reflects a cautious near-term demand outlook and the firm has lowered its calendar 2026 estimates, the analyst tells investors.
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Read More on TTD:
- Trade Desk price target lowered to $22 from $27 at Jefferies
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