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 price target of $75.
September 18, 2024 | 10:43 am
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Needham analyst Laura Martin has reiterated a Buy rating on Reddit and maintained a $75 price target, indicating confidence in the company's future performance.
The reiteration of a Buy rating and a maintained price target of $75 by a reputable analyst suggests a positive outlook for Reddit's stock. This could lead to increased investor confidence and potential upward movement in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100