On Monday, Baird, a financial services firm, increased its price target for The Trade Desk (NASDAQ:TTD) shares to $160 from the previous $140 while maintaining an Outperform rating.
The analyst expressed continued confidence in The Trade Desk, reiterating it as a Best Idea.
"While TTD has been impressive YTD, we think there is an attractive opportunity still ahead as several industry and company-specific tailwinds come together for the business," the analysts said.
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