JMP Securities Reiterates Market Outperform on Reddit, Maintains $63 Price Target
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Andrew Boone has reiterated a Market Outperform rating on Reddit (NYSE:RDDT) and maintained a $63 price target.
May 17, 2024 | 2:55 pm
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JMP Securities analyst Andrew Boone has reiterated a Market Outperform rating on Reddit and maintained a $63 price target.
The reiteration of a Market Outperform rating and the maintenance of a $63 price target by JMP Securities is a positive signal for investors, likely boosting short-term confidence and potentially driving the stock price up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100