Trade Desk IncTTD
▼ NegativeCapitalrelevance
Downgraded to sell with a $11.60 price target by Arete analyst
Impact on stocks 1
Communication Services
Trade Desk IncThe Trade Desk stock tumbles after Arete downgrade to sell
Analyst
The Trade Desk shares fell nearly 4% on Tuesday after Arete analyst Richard Kramer downgraded the stock to sell from neutral and set a price target of $11.60 per share, implying a potential decline of nearly 40%. Kramer cited the risk of market share loss that could cause fiscal 2027 revenue to come in notably lower than the previous year, along with calls for more transparency from agencies and marketers and a shift toward a more capital-intensive business model that may hurt profitability.
Trade Desk IncDowngraded to sell with a $11.60 price target by Arete analyst