Trade Desk Stock Hits 2-Year High on Upbeat Forecast

Trade Desk Inc (NASDAQ:TTD) stock is soaring to two-year highs, up 15.1% at $87.14 at last glance, after the company's upbeat first-quarter revenue forecast and flood of analyst bull notes. No fewer than 14 analysts lifted their price targets, including Piper Sandler to$105 from $80, citing momentum related to TV ads and retail media segments. For the fourth quarter, the software name posted an earnings miss but better-than-expected revenue. Options traders are optimistic too, with 104,000 calls exchanged ...