JP Morgan Maintains Neutral on Reddit, Lowers Price Target to $150
JP Morgan analyst Doug Anmuth maintains Reddit (NYSE:RDDT) with a Neutral and lowers the price target from $185 to $150.
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Why It Matters
A big bank analyst thinks Reddit is fairly priced, not a great or bad buy. They lowered their guess for where the stock might go in the future.
This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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