Morgan Stanley Lowers Price Target for Trade Desk to $42.00, Maintains Equal-Weight Rating

Morgan Stanley has maintained an Equal-Weight rating for Trade Desk (TTD) while lowering the price target from $50.00 to $42.00. This reflects a decrease of 16% in the price target, indicating a cautious outlook. Several analysts have also adjusted their price targets while maintaining their ratings, suggesting a stable sentiment about Trade Desk's future performance. The average target price for TTD is $61.69, with a high estimate of $98.00 and a low estimate of $34.00.