Roth MKM Maintains Buy on Reddit, Raises Price Target to $116
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Rohit Kulkarni has maintained a Buy rating on Reddit and raised the price target from $89 to $116.
October 30, 2024 | 5:16 pm
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Roth MKM has increased its price target for Reddit from $89 to $116, maintaining a Buy rating.
The increase in the price target from $89 to $116 by Roth MKM suggests a positive outlook on Reddit's future performance, likely boosting investor confidence and potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100