03:30 PM EDT, 03/25/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We keep our 12-month target at $97, on a P/E of 45x our 2026 EPS, above peers to reflect growth, share gain potential, and high customer retention rates. We keep our 2025 EPS at $1.81 and 2026 at $2.16. After a more than 50% share price decline, valuation is extremely enticing, trading at its lowest level since going public (~28x our 2026 EPS), while growth rates and margins remain healthy. We believe sentiment is largely washed out, hurt by recent execution issues (e.g., changes in engineering product process, client-facing teams) and macro fears, as we see growth rates decelerating to 15%-20% in 2025 (down from +20% prior to Q4 results), which would be TTD's slowest pace in eight years (excluding the pandemic lows). Still, we see TTD benefiting from several growth drivers, including CTV, expansion of its international business, and a growing retail media opportunity. We believe the shift toward more ad-supported options will allow TTD to outgrow the digital ad market by at least 1.5x-2.0x through 2026.