Latest news with #analystdowngrades
Yahoo
21 hours ago
- Business
- Yahoo
The Trade Desk Crashes 39% in a Day as Amazon Looms Large
The Trade Desk (NASDAQ:TTD) just got slammed with its worst trading day on recordtumbling over 39% at 11.29am todayafter a string of analyst downgrades reignited concerns that Amazon's (NASDAQ:AMZN) ad tech machine is catching up fast. The shift followed disappointing results and guidance, which only sharpened focus on Amazon's growing role in the demand-side platform (DSP) market. MoffettNathanson's Michael Nathanson lowered his rating to sell and set a Street-low $45 price target, saying the Amazon shadow over this stock is now front and center... and harder to deny. The Trade Desk has now lost more than half its value year-to-date. Warning! GuruFocus has detected 2 Warning Sign with TTD. At the heart of this re-rating is Amazon's strengthening DSP, which helps advertisers target users more preciselyparticularly across streaming platforms like Roku, where Amazon recently struck a notable advertising deal. Bank of America cut the stock two notches to underperform, citing growing structural pressure as rivals like Amazon and Alphabet continue to deliver strong ad revenue across their walled gardens. Wedbush and Citi also moved to the sidelines, noting that The Trade Desk's growth visibility has become increasingly difficult to defend, especially as the competitive backdrop shifts. CEO Jeff Green attempted to brush off Amazon during the earnings call, saying platforms like Amazon and Google are best suited to buy their own inventory with their own data, and that their bias makes them less effective across the open internet. But not everyone's buying it. Lightshed Partners' Rich Greenfield said those comments should scare any investor who owns The Trade Desk stock, arguing that Green may be downplaying the competitive reality. With analyst sentiment at its weakest in over two years, investors now face a tougher call: is this a temporary stumble, or the start of a more structural reset in The Trade Desk's positioning? This article first appeared on GuruFocus.
Bloomberg
22-05-2025
- Business
- Bloomberg
Target's Troubles Leave Analysts Most Negative Since 2018
Wall Street's enthusiasm for Target Corp. is at its lowest in more than six years, as disappointing earnings from the big-box retailer spur a series of analyst downgrades. Analysts at Bank of America, Melius Research LLC and Telsey Advisory Group all stepped back from their buy-equivalent calls since the company's earnings report on Wednesday, flagging issues including the difficult macroeconomic backdrop, an uncertain outlook and exposure to President Donald Trump's tariff policies.
