Jul 1, 10:40 AM

Citi Boosts Trade Desk Target to $90, Flags 90-Day Upside Catalyst

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 company’s leadership among demand-side platforms and supported the launch of a 90-day upside catalyst watch heading into the firm’s 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 Carvana’s second-quarter unit sales will rise about 47% from a year earlier, suggesting potential upside versus consensus estimates.

#Citigroup #Ygal Arounian #The Trade Desk #Buy #Arounian #Jefferies #Carvana #Hold

Written with ChatGPT .

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Hardik Shah@AIStockSavvy
1 year ago
$CVNA | 𝐂𝐚𝐫𝐯𝐚𝐧𝐚 (CVNA): Jefferies maintains 𝐇𝐨𝐥𝐝, raises 𝐏𝐓 𝐭𝐨 $𝟑𝟐𝟓 (𝐟𝐫𝐨𝐦 $𝟑𝟏𝟓) Analyst highlights 𝐬𝐭𝐫𝐨𝐧𝐠 𝐫𝐞𝐭𝐚𝐢𝐥 𝐮𝐧𝐢𝐭 𝐦𝐨𝐦𝐞𝐧𝐭𝐮𝐦, projecting 𝐐𝟐 𝐮𝐧𝐢𝐭𝐬 +𝟒𝟕% 𝐲/𝐲 and potential 𝐮𝐩𝐬𝐢𝐝𝐞 𝐯𝐬. 𝐜𝐨𝐧𝐬𝐞𝐧𝐬𝐮𝐬. https://t.co/k7WrR2jHvV
Hardik Shah@AIStockSavvy
1 year ago
$TTD | 𝐓𝐡𝐞 𝐓𝐫𝐚𝐝𝐞 𝐃𝐞𝐬𝐤 (TTD): Citi maintains 𝐁𝐮𝐲, raises 𝐏𝐓 𝐭𝐨 $𝟗𝟎 (𝐟𝐫𝐨𝐦 $𝟖𝟐), adds 𝟗𝟎-𝐃𝐚𝐲 𝐔𝐩𝐬𝐢𝐝𝐞 𝐂𝐚𝐭𝐚𝐥𝐲𝐬𝐭 𝐖𝐚𝐭𝐜𝐡 Analyst sees 𝐦𝐚𝐫𝐤𝐞𝐭 𝐥𝐞𝐚𝐝𝐞𝐫𝐬𝐡𝐢𝐩, 𝐝𝐚𝐭𝐚/𝐢𝐧𝐯𝐞𝐧𝐭𝐨𝐫𝐲 𝐝𝐢𝐟𝐟𝐞𝐫𝐞𝐧𝐭𝐢𝐚𝐭𝐢𝐨𝐧, and https://t.co/f8A7bCajaU
TipRanks@TipRanks
1 year ago
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

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Citi Boosts Trade Desk Target to $90, Flags 90-Day Upside Catalyst

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