B of A Securities Maintains Neutral on Reddit, Raises Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Justin Post maintains a Neutral rating on Reddit (NYSE:RDDT) and raises the price target from $57 to $60.
August 07, 2024 | 5:13 pm
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B of A Securities has maintained a Neutral rating on Reddit and raised the price target from $57 to $60.
The raised price target indicates a positive outlook, which could lead to a short-term increase in stock price. However, the Neutral rating suggests limited upside potential.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100