JMP Securities Reiterates Market Outperform on Reddit, Maintains $84 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 price target of $84.
July 30, 2024 | 6:04 pm
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JMP Securities analyst Andrew Boone has reiterated a Market Outperform rating on Reddit and maintained a price target of $84.
The reiteration of a Market Outperform rating and the maintenance of a price target at $84 by a reputable analyst can boost investor confidence in Reddit, potentially leading to a positive short-term impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100