The Trade Desk price target lowered to $49 at BofA on valuation concerns
NegativeFinancial Markets

The Trade Desk has seen its price target lowered to $49 by Bank of America due to concerns over its valuation. This adjustment reflects the market's cautious stance on the company's growth prospects and profitability, which could impact investor confidence and stock performance. Understanding these valuation concerns is crucial for stakeholders as it may influence future investment decisions.
— Curated by the World Pulse Now AI Editorial System