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Following The Trade Desk's latest quarterly update, analysts have been racing to upgrade their 12-month price targets for the stock. Most of the revised price targets sit at $75 or higher ...
Shares of The Trade Desk have ... But is the stock now attractive enough to make it a buy, especially considering the huge addressable opportunity the company is sitting on? It won't be surprising ...
The Trade Desk's stock declined 28% as Magnite's stock dropped 17%. The Trade Desk and Magnite are both independent platforms, but they sit at opposite ends of the advertising supply chain.
But is the stock now attractive enough to make it a buy, especially considering the huge addressable opportunity the company is sitting on? The Trade Desk was trading at expensive valuations ...