Reddit price target raised to $300 from $250 at Argus
Argus raised the firm’s price target on Reddit (RDDT) to $300 from $250 and keeps a Buy rating on the shares. The company has an impressive record of growth, and recent results are trending positively, the analyst tells investors in a research note. Argus believes Reddit’s growth runway is promising, justifying the premium, at least in the near-term and during a bull market. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders’ Hot Stocks on TipRanks >> Read More on RDDT: Disclaimer & DisclosureReport an Issue
