Reddit (RDDT) November 1 weekly 81 straddle priced into quarter results
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Reddit (RDDT) PT Raised to $110 at JPMorgan
October 30, 2024 6:20 AM EDTJPMorgan analyst Doug Anmuth raised the price target on Reddit (NYSE: RDDT) to $110.00 (from $77.00) while maintaining a Neutral rating.
The analyst comments "RDDT shares traded up +25% post-close as 3Q results & 4Q guidance across Revenue & Adj. EBITDA exceeded JPMe, consensus, & investor expectations. RDDTs 4Q guide assumes stable macro ad trends & we believe Reddit is benefitting from structural improvements as the company executes across its strategy across... More
Reddit (RDDT) PT Raised to $105 at Goldman Sachs
October 30, 2024 6:16 AM EDTGoldman Sachs analyst Eric Sheridan raised the price target on Reddit (NYSE: RDDT) to $105.00 (from $68.00) while maintaining a Neutral rating.
The analyst comments "We recap RDDTs Q324 earnings report which reflected a few key themes: 1) significant upside to Q3 revenues driven by a continued scaling... More
