Wells Fargo, Cantor Fitzgerald Lower PT on The Trade Desk Stock Amid Macro Concerns

The Trade Desk's (TTD) stock has received updates from analysts, with Wells Fargo reducing its price objective to $42 and Cantor Fitzgerald to $43, while keeping a "Neutral" rating. Both firms expect an in-line EPS. Despite lingering macro-economic concerns, the outlook for global internet stocks remains positive due to AI's synergy phase, which is expected to drive accelerating revenue growth and improved value capture.