Piper Sandler analyst Matthew Farrell CFA maintains $The Trade Desk (TTD.US)$ with a buy rating, and maintains the target price at $140.
According to TipRanks data, the analyst has a success rate of 36.4% and a total average return of -4.0% over the past year.
Furthermore, according to the comprehensive report, the opinions of $The Trade Desk (TTD.US)$'s main analysts recently are as follows:
The integration of GPU-enabled and GenAI tools is anticipated to drive fundamental improvements and outperformance within the North American Internet sector. The use of GPU-related investments is expected to enhance retail advantages, allowing for more efficient market share and profit expansions. Additionally, the inclusion of GenAI is seen as a significant growth factor with various potential opportunities emerging.
The upcoming earnings season for Internet companies is anticipated to present a mix of challenges and opportunities, as long-term advantages encounter immediate obstacles and reinvestment needs. Although currency fluctuations may lead to some earnings misses, these instances could potentially offer investment openings.
Note:
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