JPMorgan raised the firm’s price target on Reddit (RDDT) to $227 from $190 and keeps a Neutral rating on the shares. The company reported strong Q3 revenue and earnings upside, the analyst tells investors in a research note.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RDDT:
- Reddit Inc’s Robust Financial Growth and Operational Efficiency Justify Buy Rating
- Reddit price target raised to $210 from $190 at Bernstein
- Reddit price target raised to $210 from $185 at Roth Capital
- Reddit Inc’s Strong Financial Performance and Growth Potential Drive Buy Rating
- ‘Scary Good Growth’: Reddit Stock (RDDT) Rockets as Wall Street Hails Q3