🔴 Trade Desk Inc is trading 4.1% down today as Arete Research cuts price target to $16

Trade Desk Inc is trading 4.1% down today at $18.50 after a fresh analyst price-target cut added pressure to an already weak chart.

• Shares hit new 52-week lows as Arete Research reduced its price target from $22 to $16 and maintained a Neutral rating.
• The downward move extends recent losses and reinforces concerns about ongoing challenges, dampening sentiment despite a slightly positive broader market backdrop.