Stifel Revises The Trade Desk Price Target Lower Amid Q1 Guidance Concerns
Stifel has adjusted its price forecast for The Trade Desk from $90 to $74 but maintains a Buy rating, acknowledging current challenges such as potential subdued first-quarter guidance and competitive pressures. While the stock has declined sharply over the last year, it is considered undervalued relative to its Fair Value. Other analysts present mi…