
Citigroup analyst Ygal Arounian lifted his price target on programmatic advertising platform The Trade Desk to $90 from $82 and reiterated a Buy rating. Arounian said a recent survey of media buyers reinforced the companyโs leadership among demand-side platforms and supported the launch of a 90-day upside catalyst watch heading into the firmโs second-quarter earnings report. In a separate note, Jefferies raised its price target on used-car retailer Carvana to $325 from $315 while keeping a Hold rating. The brokerage cited stronger-than-expected retail unit momentum and forecasts that Carvanaโs second-quarter unit sales will rise about 47% from a year earlier, suggesting potential upside versus consensus estimates.
$CVNA | ๐๐๐ซ๐ฏ๐๐ง๐ (CVNA): Jefferies maintains ๐๐จ๐ฅ๐, raises ๐๐ ๐ญ๐จ $๐๐๐ (๐๐ซ๐จ๐ฆ $๐๐๐) Analyst highlights ๐ฌ๐ญ๐ซ๐จ๐ง๐ ๐ซ๐๐ญ๐๐ข๐ฅ ๐ฎ๐ง๐ข๐ญ ๐ฆ๐จ๐ฆ๐๐ง๐ญ๐ฎ๐ฆ, projecting ๐๐ ๐ฎ๐ง๐ข๐ญ๐ฌ +๐๐% ๐ฒ/๐ฒ and potential ๐ฎ๐ฉ๐ฌ๐ข๐๐ ๐ฏ๐ฌ. ๐๐จ๐ง๐ฌ๐๐ง๐ฌ๐ฎ๐ฌ. https://t.co/k7WrR2jHvV
$TTD | ๐๐ก๐ ๐๐ซ๐๐๐ ๐๐๐ฌ๐ค (TTD): Citi maintains ๐๐ฎ๐ฒ, raises ๐๐ ๐ญ๐จ $๐๐ (๐๐ซ๐จ๐ฆ $๐๐), adds ๐๐-๐๐๐ฒ ๐๐ฉ๐ฌ๐ข๐๐ ๐๐๐ญ๐๐ฅ๐ฒ๐ฌ๐ญ ๐๐๐ญ๐๐ก Analyst sees ๐ฆ๐๐ซ๐ค๐๐ญ ๐ฅ๐๐๐๐๐ซ๐ฌ๐ก๐ข๐ฉ, ๐๐๐ญ๐/๐ข๐ง๐ฏ๐๐ง๐ญ๐จ๐ซ๐ฒ ๐๐ข๐๐๐๐ซ๐๐ง๐ญ๐ข๐๐ญ๐ข๐จ๐ง, and https://t.co/f8A7bCajaU
Just in: Citi raises Trade Desk $TTD price target to $90 from $82, maintaining a Buy rating. Analyst highlights TTD's leadership in the DSP landscape and opens a positive 90-day catalyst watch ahead of Q2 earnings. #Investing #StockMarket
