Susquehanna lowered the firm’s price target on Trade Desk (TTD) to $135 from $150 and keeps a Positive rating on the shares. The firm noted the company has posted a spectacular long-term track record of exceptional growth and almost flawless execution however they believe some of the small-ish issues were starting to create potentially larget, longer-term issues. Its attempt to reorganize led to further disruption that caused Q4 to miss estimates.
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