Jefferies Initiates Coverage On Reddit with Buy Rating, Announces Price Target of $90
Portfolio Pulse from Benzinga Newsdesk
Jefferies has initiated coverage on Reddit with a Buy rating and set a price target of $90, indicating a positive outlook for the company's stock.
October 09, 2024 | 1:01 pm
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Jefferies has initiated coverage on Reddit with a Buy rating and a price target of $90, suggesting a positive outlook for the stock.
The initiation of coverage with a Buy rating and a specific price target by a reputable analyst can lead to increased investor interest and potential stock price appreciation. The $90 target suggests significant upside potential.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100