Wedbush Raises The Trade Desk to Neutral, Cites Near-Term Ad Catalysts but Flags Structural Headwinds
Brokerage Wedbush upgraded The Trade Desk from Underperform to Neutral, highlighting near-term revenue support from global sporting events and an active political advertising cycle. The firm left its 12-month price target at $23 and projects modest first-quarter growth, even as margin pressure is expected from continued investments. Structural shif…