Seaport Global: Neutral Rating on The Trade Desk

Seaport Global Securities Initiates Coverage of The Trade Desk with a Neutral Rating

Seaport Global Securities has commenced coverage of The Trade Desk, a major player in the digital advertising industry, assigning it a Neutral rating. The firm’s analyst has emphasized The Trade Desk’s dominant position in the digital ad buying sector and its potential for long-term growth, driven by factors such as Connected TV (CTV), international expansion, shopper marketing, and market share gains. Research indicates that The Trade Desk is expected to experience approximately 20% long-term growth, with EBITDA margins projected to rise to around 50% by 2023.