UBS has trimmed its price target for Trade Desk (TTD), citing weaker advertiser budget allocation and tougher competition from Amazon for digital ad spending. The share price has rebounded over the past 1 day and 7 days but is still down 15.1% over 30 days and 37.2% over 90 days. The stock's 1-year total shareholder return has declined 76%, pointing to fading momentum as investors reassess growth prospects and risk after the latest guidance and price target cut.
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