Loop Capital analyst Rob Sanderson raised the firm’s price target on Trade Desk (TTD) to $145 from $120 and keeps a Buy rating on the shares after its Q3 earnings beat. The company’s Q3 results were “strong” and its Q4 guidance was likely on the more conservative side, the analyst tells investors in a research note. Loop adds that while 2025 will likely be a lower point for growth, comping against the presidential election, 2026 will benefit from recently expanded collaborations with Netflix (NFLX), Spotify (SPOT), Disney (DIS), Walmart (WMT), LG and others.
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