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analysts raise target prices for reddit amid mixed ratings and insider sales

Goldman Sachs raised its target price for Reddit shares from $105 to $176, maintaining a "neutral" rating, while JPMorgan increased theirs from $142 to $185. Analysts show a consensus rating of "Moderate Buy" with a target price of $173.45, despite one sell rating among 21 analysts. Reddit's CFO recently sold over 48,000 shares, reflecting a 7.43% decrease in their position. The stock opened at $127.71, with a market cap of $23.10 billion and a PE ratio of -16.52.
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JPMorgan Chase & Co. GOLDMAN SACHS GROUP Jefferies Financial Group Inc. Piper Sandler Cos USA Andrew Vollero Show more
Finance & Economy, Market Report
08:43 17.03.2025
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