Citigroup Maintains Buy on Reddit, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Ronald Josey maintains a Buy rating on Reddit (NYSE:RDDT) and raises the price target from $65 to $70.
May 17, 2024 | 6:03 pm
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Citigroup analyst Ronald Josey maintains a Buy rating on Reddit and raises the price target from $65 to $70.
The raised price target from $65 to $70 and maintained Buy rating by Citigroup is likely to positively impact Reddit's stock price in the short term as it reflects increased confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100