Wall Street Analysts Are Bullish on Top Technology Picks

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Trade Desk (TTDResearch Report) and Media and Games Invest SE (MDGIFResearch Report) with bullish sentiments.

Trade Desk (TTD)

In a report released today, Brian Fitzgerald from Wells Fargo maintained a Buy rating on Trade Desk, with a price target of $82.00. The company’s shares closed last Tuesday at $74.88, close to its 52-week high of $78.60.

According to TipRanks.com, Fitzgerald is a 5-star analyst with an average return of 16.2% and a 59.4% success rate. Fitzgerald covers the Technology sector, focusing on stocks such as IAC/InteractiveCorp., Activision Blizzard, and Integral Ad Science.

Trade Desk has an analyst consensus of Strong Buy, with a price target consensus of $75.00, implying a -0.2% downside from current levels. In a report issued on June 1, Morgan Stanley also upgraded the stock to Buy with a $90.00 price target.

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