Reddit (RDDT) Maintains Overweight Rating as Price Target Raised by Morgan Stanley | RDDT Stock News

3 days ago

In the latest update for Reddit (RDDT, Financial), Morgan Stanley analyst Brian Nowak has maintained an "Overweight" rating on the stock. This news comes as Nowak raises the price target for RDDT from $154.00 to $170.00 USD. This adjustment represents a notable 10.39% increase in the price target.

The decision to maintain the "Overweight" rating suggests continued confidence in Reddit's (RDDT, Financial) market performance, as the company remains well-positioned for growth. The new target price set by Morgan Stanley reflects a positive outlook for RDDT's future valuation.

Investors and stakeholders will be closely monitoring RDDT as the raised price target aligns with the strategic growth initiatives expected from the company. The updated price target is effective as of July 21, 2025.

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