Macquarie raised the firm’s price target on Trade Desk (TTD) to $133 from $130 and keeps an Outperform rating on the shares. The company reported strong 27% revenue growth and 41% adjusted EBITDA margin in Q3, but the Q4 revenue guidance looks a little light at 25%, the analyst tells investors in a research note. The firm says management highlighted several growth vectors that can continue to drive consistent growth.
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