Trade Desk price target lowered to $85 from $135 at Susquehanna

Susquehanna lowered the firm’s price target on Trade Desk (TTD) to $85 from $135 and keeps a Positive rating on the shares. The company reported a “nice beat and raise” quarter, with its outlook suggesting core growth could get back into the 20% year-over-year range to end the year, the analyst tells investors in a research note. The firm is bullish on the setup heading into 2026 saying the stock “remains depressed” and forward estimates look “extremely derisked.”