Trade Desk price target raised to $100 from $84 at KeyBanc

KeyBanc raised the firm’s price target on Trade Desk to $100 from $84 and keeps an Overweight rating on the shares. Trade Desk appears poised for at least 23% growth in 2024E, with the potential to go higher from ramps in connected TV, shopper marketing, audio, and improved targeting, the analyst tells investors in a research note.