Roth MKM Initiates Coverage On Reddit with Buy Rating, Announces Price Target of $50
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Rohit Kulkarni initiates coverage on Reddit (NYSE:RDDT) with a Buy rating and a price target of $50, indicating a positive outlook on the company's stock.
April 15, 2024 | 10:26 am
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Roth MKM initiates coverage on Reddit with a Buy rating and a price target of $50, suggesting a strong growth potential for the stock.
The initiation of coverage by Roth MKM with a Buy rating and a high price target typically signals confidence in the company's future performance, potentially leading to increased investor interest and a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100