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Reddit stock climbs
Reddit stock climbs after Jefferies initiates coverage with a buy rating
Shares of Reddit Inc. were up 2.6% Wednesday after Jefferies initiated coverage of the social-media platform with a buy rating. Jefferies estimated that Reddit’s Ebitda will more than double in the next two years to around $450 million.
Reddit Stock Rises as Jefferies Calls Stock a 'Buy' on AI Strengths
Reddit shares climbed Wednesday after analysts at Jefferies initiated coverage of the social media platform with a "buy" rating, citing its success within Google search results and its artificial intelligence (AI) use cases.
Reddit Stock Boosted by Fresh Analyst Coverage
Options traders are flocking to bullish bets today. At last check, 3,673 calls have crossed the tape, volume that's triple the average intraday amount and well above the 698 puts traded so far. New positions are being sold to open at the most popular position, the weekly 10/25 80-strike call.
Jefferies initiates Reddit with 'buy' on opportunity from user growth
Financial writer reports Jefferies bullish on Reddit's (RDDT) growth potential, AI-driven enhancements driving user engagement and revenue growth.
1d
Reddit, Inc. (NYSE:RDDT) Receives $66.12 Consensus Price Target from Analysts
Shares of Reddit, Inc. (NYSE:RDDT – Get Free Report) have received a consensus rating of “Moderate Buy” from the nineteen ...
4d
on MSN
Reddit gains 4% as Jefferies starts at Buy on user growth, monetization room
Reddit stock (RDDT) rose 4% early Wednesday, among top gainers in Communication Services stocks, after Jefferies initiated ...
4d
White House Joins Reddit: Once A Waffle House Idea, Now Source For 'Critical Information' And Hurricane Milton Updates
The White House has an official Reddit account. A look at the importance and what the Biden and Harris administration is ...
6d
Reddit Stock Faces Caution from JP Morgan: Strong Fundamentals, But Valuation Concerns Persist
JP Morgan analyst Doug Anmuth maintained a Neutral rating on Reddit, Inc (NYSE:RDDT) with a price target of $77, up from $59.
6d
Analyst reboots Reddit stock price target ahead of earnings
The Subreddit Hunt seeks out those with “penchants for puzzles,” in which participants must complete several "directives" to ...
1d
on MSN
Jim Cramer on Reddit, Inc. (RDDT) CEO Steve Huffman: ‘I Think He’s Doing A Rather Remarkable Job’
We recently published an article titled Jim Cramer on Super Micro Computer and Other Stocks. In this article, we are going to ...
bovnews
6d
What’s Causing Reddit Inc (RDDT) Stock’s 52.19% Jump Over the Last Six Months?
Reddit Inc (RDDT) stock saw a modest uptick, ending the day at $72.38 which represents a slight increase of $4.91 or 7.28% from the prior close of $67.47. The stock opened at $69.52 and touched a low ...
4d
on MSN
3-Stock Lunch: Boeing, Generac Holdings & Reddit
Bill Strazzullo, Bell Curve Trading chief marketing strategist, joins ‘Power Lunch’ to discuss stock plays for three stocks.
4d
Reddit Inc Class A: A Conviction Buy with Upward Momentum into 2024
Needham analyst Laura Martin has maintained their bullish stance on RDDT stock, giving a Buy rating today. Laura Martin’s rating is ...
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