Trade Desk down 64% YTD, yet analysts still see 50% upside
Trade Desk shares have fallen 64% this year as investors question its ability to sustain growth amid rising competition. Analysts, however, see upside: the average price target of $62.81 suggests nearly 50% gains from Friday close. Most of the decline came after two earnings reports, though Benchmark recently upgraded the stock, saying major industry hurdles are now behind it.