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Trade Desk price target lowered to $50 from $55 at Guggenheim

Guggenheim analyst Michael Morris lowered the firm’s price target on Trade Desk (TTD) to $50 from $55 and keeps a Buy rating on the shares. With shares now trading at a discount to peers on sales and OIBDA multiples, the firm sees potential for an attractive return in 2026 if the company can outperform consensus 16% revenue growth in 2026 and show sustainable competitive positioning, the analyst tells investors.

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