In a report released yesterday, Mark Mahaney from Evercore ISI upgraded Trade Desk (TTD – Research Report) to a Buy, with a price target of $90.00. The company’s shares closed yesterday at $68.02.

According to TipRanks, Mahaney is a 5-star analyst with an average return of 15.4% and a 59.22% success rate. Mahaney covers the Communication Services sector, focusing on stocks such as Netflix, Alphabet Class A, and Meta Platforms.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Trade Desk with a $87.29 average price target, which is a 28.33% upside from current levels. In a report released on June 24, Citizens JMP also reiterated a Buy rating on the stock with a $100.00 price target.

The company has a one-year high of $141.53 and a one-year low of $42.96. Currently, Trade Desk has an average volume of 9.51M.

Based on the recent corporate insider activity of 82 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TTD in relation to earlier this year. Last month, David Wells, a Director at TTD sold 28,638.00 shares for a total of $2,287,603.44.