Trade Desk price target lowered to $55 from $75 at Guggenheim

Guggenheim analyst Michael Morris lowered the firm’s price target on Trade Desk (TTD) to $55 from $75 and keeps a Buy rating on the shares. The narrative that Amazon (AMZN) is taking share of DSP dollars “will remain a headwind to sentiment until The Trade Desk can reaccelerate revenue growth,” which the firm does not see beginning until Q2 of FY26, the analyst tells investors.

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