Trade Desk (NASDAQ:TTD) Stock Price Down 3.9% on Analyst Downgrade

Market Beat
2025.04.16 17:47
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Trade Desk (NASDAQ:TTD) shares fell 3.9% after UBS Group downgraded its price target from $116 to $80, maintaining a buy rating. The stock traded as low as $47.71, with a volume increase of 36%. Analysts have mixed ratings, with 23 buy ratings and a consensus target price of $109.69. The company reported a Q4 EPS of $0.36, missing estimates, and announced a $564 million share buyback plan, indicating potential undervaluation. Trade Desk operates a cloud-based platform for digital advertising campaigns.