DA Davidson lowered the firm’s price target on Trade Desk (TTD) to $54 from $80 and keeps a Buy rating on the shares. The company reported a “solid” Q3, but the implied growth of Q4 outlook may not be enough to assuage all investor concerns around rising competition and potential threats from AI, the analyst tells investors in a research note. Trade Desk seems to be playing more defense at the moment than the firm can ever recall it having to, DA Davidson added.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TTD:
- Cathie Wood Sells Tesla (TSLA) Stock, and Buys This Stock after Q3 Beat
- QQQ ETF News, 11/10/2025
- Trade Desk price target lowered to $85 from $100 at Truist
- Trade Desk Faces Stock Slump Amid Growth Challenges
- TC Energy, PENN, DraftKings, Trade Desk: Trending by Analysts