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Trade Desk price target lowered to $40 from $65 at Benchmark

Benchmark analyst Mark Zgutowicz lowered the firm’s price target on Trade Desk (TTD) to $40 from $65 and keeps a Buy rating on the shares. Shares are “oversold” and price in revisions to FY26 consensus top and bottom-line estimates, says the firm, which would be buyers into the Q4 results due on Wednesday, February 25.

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