Trade Desk (TTD) Stock: $115 Price Target From Needham

By Amit Chowdhry ● Dec 2, 2021
  • The shares of Trade Desk Inc (NASDAQ: TTD) have received a $115 price target from Needham. These are the details.

The shares of Trade Desk Inc (NASDAQ: TTD) have received a $115 price target from Needham. And Needham analyst Laura Martin increased the price target from $110 while maintaining a “Buy” rating on the shares.

Due to the top takeaways from the demo of Trade Desk’s Solimar platform and the subsequent Q&A session with Trade Desk CEO Jeff Green, Martin concluded that Amazon is not a competitor to the company because of its major conflicts of interest and the smaller degree of data transparency.

You can see the launch event of Solimar below:

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.