Reddit stock jumps after OpenAI partnership

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JMP Securities Reiterates Market Outperform Rating on Reddit (RDDT)

May 17, 2024 6:43 AM EDT

JMP Securities analyst Andrew Boone reiterated a Market Outperform rating and $63.00 price target on Reddit (NYSE: RDDT)

The analyst comments "We reiterate our Market Outperform rating and $63 price target. Stepping back, Reddit has accelerated DAU growth over the past four quarters as it... More