Oppenheimer analyst Jason Helfstein raised the firm’s price target on Trade Desk (TTD) to $110 from $80 and keeps an Outperform rating on the shares. The firm is increasing second half of 2025 estimates on more favorable tariff outlook and says it is not expecting impact from Amazon (AMZN) DSP. Assuming Trade Desk beats Q2 guide, issued in early May during significant macro uncertainty, Oppenheimer’s new second half of the year estimates should prove conservative.
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