Morgan Stanley moves to the sidelines on Trade Desk on 'mounting concerns' over growth

3 hours ago 1
digital marketing concept, online advertisement

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Morgan Stanley downgraded The Trade Desk (NASDAQ:TTD) to "equal weight" from a previous investment rating of "overweight" on Wednesday.

The research firm expressed mounting concerns about the ad tech company's connected TV business due to headwinds. They said they have been wrong

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