BTIG raised the firm’s price target on Trade Desk to $98 from $91 and keeps a Buy rating on the shares after its “strong” Q4 results last week. After relatively subdued Q3 agency checks, the firm’s December field data was more bullish, with agencies anticipating momentum to continue into Q1, the analyst tells investors in a research note. BTIG is also raising its FY24 revenue view for Trade Desk to $2.40B from $2.29B.
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