Roth Capital keeps a Neutral rating and $185 price target on Reddit (RDDT) while naming the stock the firm’s #1 Social Media Pick. The firm expects the company to report upside to Street’s Q3 revenue and EBITDA, and likely provide Q4 guidance above consensus expectations, though the stock reaction Could be predicated on how many logged in and logged out users Reddit added in North America, the analyst tells investors in a research note.
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