Trade Desk price target lowered to $48 from $74 at Stifel

Stifel lowered the firm’s price target on Trade Desk (TTD) to $48 from $74 and keeps a Buy rating on the shares. Q4 results came in ahead of the January positive pre-announcement, despite continued weakness from consumer packaged goods and autos, which also contributed to a lighter Q1 outlook, the analyst tells investors. However, with Q1 guidance “out of the way,” political spending turns to tailwind in 2026 and growth is likely to accelerate from here, the analyst added.