07:15 AM EDT, 07/15/2025 (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:

Shares of TTD are indicated up about 15% pre-market after S&P Global announced it will join the S&P 500, replacing software maker Ansys (being acquired by Synopsys), effective Friday. Shares have been a major underperformer YTD, down more than 35% but we think the S&P 500 inclusion can help generate better sentiment and additional institutional investment flows as fund managers rebalance portfolios. We believe the company is slowly recovering from recent execution issues (e.g., changes in engineering product process, client-facing teams) and view growth expectations in the second half as attainable (13%-15% Y/Y), with an expected acceleration to high-teens growth in 2026. We see TTD benefiting from several growth catalysts, including CTV, expansion of its international business, and a growing retail media opportunity. We lift our 12-month target to $110 from $82, on higher revised P/E of 53.7x our 2026 EPS estimate of $2.05, above peers given our view of growth and closer to the middle of its historical range.