JMP Securities Maintains Market Outperform on Reddit, Raises Price Target to $118
Portfolio Pulse from Benzinga Newsdesk
JMP Securities has maintained a Market Outperform rating on Reddit and raised its price target from $84 to $118.
October 30, 2024 | 6:18 pm
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JMP Securities has increased its price target for Reddit from $84 to $118, maintaining a Market Outperform rating.
The increase in price target from $84 to $118 by JMP Securities 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