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Barchart
Barchart
Wajeeh Khan

Citi Just Downgraded The Trade Desk (TTD) Stock. Here's Why.

The Trade Desk (TTD) stock tanked on Friday after the advertising technology company posted a weak Q2 and issued broadly disappointing guidance for its current financial quarter. Still, Citi analysts led by Ygal Arounian believe TTD could tumble further through the remainder of 2026.

In a research note this morning, Arounian downgraded the ad-tech firm to “Sell” with an $11 price target indicating potential for another 27% downside from current levels.

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