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Trade Desk price target lowered to $83 from $133 at Scotiabank

Scotiabank lowered the firm’s price target on Trade Desk (TTD) to $83 from $133 and keeps a Sector Perform rating on the shares. The company posted its first revenue miss in public market history, the analyst tells investors. The company has faced worsening investor sentiment to start 2025 and these results will likely fuel negative investor concerns, the firm adds.

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