The Trade Desk Faces Analyst Downgrade Amid CTV Growth Concerns

A significant analyst downgrade has sent shockwaves through the market for The Trade Desk shares. Morgan Stanley has slashed its price target for the advertising technology company from $80 to $50, representing a 37.5% reduction, while simultaneously downgrading the stock from “Overweight” to “Neutral.” The investment bank cited mounting concerns about the company’s connected television business segment as the primary reason for this revised assessment.

The timing of this downgrade adds pressure to an already volatile stock. The Trade Desk shares have experienced substantial price swings throughout the year, recording 26 separate moves exceeding 5% in either direction. Currently trading approximately 60% below its yearly peak, the stock has lost two-thirds of its value since reaching its 52-week high of $139.51 in December 2024.

Despite reporting... Read more...