Reddit Initiated at ‘outperform’ by Wedbush on Ad, AI Licensing Potential

Wedbush initiated coverage of Reddit (RDDT) with an âOutperformâ rating and a $250 price target, saying the social media platform has multiple drivers for long-term growth. New PT implies about 26.2% upside from the stock's last closing price of $198.03 The brokerag

Wedbush initiated coverage of Reddit (RDDT) with an âOutperformâ rating and a $250 price target, saying the social media platform has multiple drivers for long-term growth.

New PT implies about 26.2% upside from the stock’s last closing price of $198.03

The brokerage

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