Reddit Extends Its Slide. Why an Analyst Still Says It's a Buy.
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Reddit's stock continues to decline, but Piper Sandler maintains a positive outlook, suggesting potential upside for the social media platform.
February 21, 2025 | 8:00 pm
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Reddit's stock is experiencing a decline, but Piper Sandler analysts believe there is still potential for growth, maintaining a 'buy' recommendation.
Despite the current decline in Reddit's stock price, Piper Sandler's positive outlook and 'buy' recommendation suggest confidence in the company's future performance, which could lead to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100