By Davit Kirakosyan
The Trade Desk (NASDAQ:TTD) shares gained more than 5% today after Piper Sandler initiated coverage on the company with an Overweight rating and a price target of $60.00. According to the analysts, the company is strategically positioned to benefit from the demand for data-driven solutions and the rise of connected TV (CTV), leading to market share gains.
Credit Suisse assumed coverage on Oracle (NYSE:ORCL) with an Outperform rating and a price target of $115.00.
Cantor Fitzgerald initiated coverage on Rivian Automotive Inc (NASDAQ:RIVN) with an Overweight rating and a price target of $30.00. The analysts believe the company benefits from a differentiated product offering, strong backing from Amazon (NASDAQ:AMZN), and a proprietary charging network.
Credit Suisse assumed coverage on Salesforce (NYSE:CRM) with an Outperform rating and a price target of $225.00.
Credit Suisse assumed coverage on ZoomInfo Technologies (NASDAQ:ZI) with an Outperform rating and a price target of $55.00.
Want to get this news first? Upgrade to InvestingPro for real-time market coverage.