Chart of the Day: TTD Downgrade

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1d ago 3:34

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The Trade Desk (TTD) starts the day with a downgrade. Wells Fargo cut the stock to an equal weight rating with a price target of $68 down from $74. Kevin Horner says the daily chart has not looked great so far in 2025, but indicates the $56 level has been a big area of short run support. Kevin then brings in a much longer timeframe, looking at the $41 level of support on a 10-year chart. He says the TTD long-term picture is forming a bearish flag formation.

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