Piper Sandler Maintains Overweight on Reddit, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Thomas Champion maintains an Overweight rating on Reddit (NYSE:RDDT) and raises the price target from $65 to $70.
August 07, 2024 | 11:34 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Piper Sandler analyst Thomas Champion maintains an Overweight rating on Reddit and raises the price target from $65 to $70.
The increase in the price target from $65 to $70 and the maintained Overweight rating by Piper Sandler is a positive signal for investors, likely leading to a short-term increase in Reddit's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100