The Trade Desk Inc. Stock Value Increases Following Rating Upgrade
The Trade Desk Inc. has experienced a 3.41% increase in its stock value on the previous day. This uptrend is attributed to a rating upgrade from CFRA analyst Angelo Zino, who upgraded the stock to “Buy” from “Hold” with a price target of $97 per share.
Rating Upgrade Details
- The rating upgrade was issued by CFRA analyst Angelo Zino.
- The new rating is “Buy” from the previous “Hold” rating.
- The price target for the stock is $97 per share.
Company Background
The Trade Desk Inc. operates a digital ad platform that specializes in programmatic ad buying across connected TV and online. This platform has been a key driver of the company’s growth.
Ongoing Class Action Lawsuits
The company is currently facing class action lawsuits, which may impact its stock performance. The exact details and potential outcomes of these lawsuits are not specified in the provided information.