Needham Reiterates Buy on Reddit, Maintains $75 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Laura Martin has reiterated a Buy rating on Reddit (NYSE:RDDT) and maintained a $75 price target.
August 08, 2024 | 11:12 am
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Needham analyst Laura Martin has reiterated a Buy rating on Reddit and maintained a $75 price target.
The reiteration of a Buy rating and the maintenance of a $75 price target by a reputable analyst can positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100