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HSBC analyst Mohammed Khallouf downgrades Trade Desk (NASDAQ:TTD) from Hold to Reduce and announces $20 price target.
Benchmark analyst Mark Zgutowicz maintains Trade Desk (NASDAQ:TTD) with a Buy and lowers the price target from $40 to $30.
William Blair analyst Ralph Schackart downgrades Trade Desk (NASDAQ:TTD) from Outperform to Market Perform.
RBC Capital analyst Matthew Swanson maintains Trade Desk (NASDAQ:TTD) with a Outperform and lowers the price target from $35 to $33.
Nasdaq jumps 1.6% to record highs Friday as semiconductor rally and stronger-than-expected April payrolls overshadow ongoing Strait of Hormuz tensions.
Truist Securities analyst Youssef Squali maintains Trade Desk (NASDAQ:TTD) with a Buy and lowers the price target from $50 to $35.
Wells Fargo analyst Alec Brondolo maintains Trade Desk (NASDAQ:TTD) with a Equal-Weight and lowers the price target from $24 to $20.
Wedbush analyst Alicia Reese maintains Trade Desk (NASDAQ:TTD) with a Neutral and lowers the price target from $23 to $21.
Evercore ISI Group analyst Mark Mahaney maintains Trade Desk (NASDAQ:TTD) with a Outperform and lowers the price target from $32 to $27.
The Trade Desk shares are trading lower Friday after it reported mixed Q1 results and weak Q2 revenue guidance on Thursday after market close.