Trade Desk rises after Wedbush hikes PT

The Trade Desk

17/07/2025 12:41

** Shares of ad tech firm Trade Desk TTD.O rise 1.4% to $82.25 premarket

** Wedbush raises PT on stock to $90 from $86, representing an ~11% upside to stock's last close

** Brokerage sees upside for TTD due to sustained momentum in connected TV ad demand

** Wedbush expects Q2 revenue to grow 17.5% year over year

** 28 of 40 brokerages rate the stock "buy" or higher, 10 "hold" and 2 "sell"; their median PT is $87 - data compiled by LSEG

** Up to last close, stock had fallen ~31% YTD

 (Reporting by Harshita Mary Varghese in Bengaluru)

 ((HarshitaMary.Varghese@thomsonreuters.com))