Loop Capital raised the firm’s price target on Trade Desk to $102 from $92 and keeps a Buy rating on the shares after its “strong beat and raise” Q4 last month. The near-term and longer-term outlook remains very strong for the company, the analyst tells investors in a research note. Trade Desk is keeping expectations from election contribution appropriately low but see measurable upside opportunity if third-party spending forecasts are realized, the firm added.
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