Reddit Stock Rises as Jefferies Calls Stock a 'Buy' on AI Strengths
WEB1 day ago · Reddit shares climbed Wednesday after analysts at Jefferies initiated coverage of the social media platform with a "buy" rating, citing its success within Google search results and its artificial ...
Reddit stock climbs after Jefferies initiates coverage with a buy ...
WEB1 day ago · Shares of Reddit Inc. were up 2.6% Wednesday after Jefferies initiated coverage of the social-media platform with a buy rating. Jefferies estimated that Reddit’s RDDT Ebitda will more than ...
Reddit Stock Gains. Jefferies Says Ad Strength, AI Deals Make It A …
WEB1 day ago · Jefferies values Reddit's advertising business at $65 per share and its data-licensing business at $25 per share. On the stock market today , Reddit stock is up more than 3% at 73.20 in premarket ...
Jefferies initiates Reddit with 'buy' on opportunity from user …
WEB1 day ago · Financial writer reports Jefferies bullish on Reddit's (RDDT) growth potential, AI-driven enhancements driving user engagement and revenue growth.
Jefferies Initiates Coverage of Reddit (RDDT) with Buy …
WEBFintel reports that on October 9, 2024, Jefferies initiated coverage of Reddit (NYSE:RDDT) with a Buy recommendation. Analyst Price Forecast Suggests 1.45% Downside As of September 25, 2024, the ...
Reddit gains 4% as Jefferies starts at Buy on user growth, …
WEB1 day ago · Reddit stock (NYSE:RDDT) rose 4% early Wednesday, among top gainers in Communication Services stocks, after Jefferies initiated coverage with a Buy rating, noting a "runway for elevated user growth."
Reddit stock rises as Jefferies starts coverage at Buy - Yahoo …
WEB1 day ago · Investing.com -- Jefferies analysts initiated research coverage on Reddit Inc (NYSE:RDDT) stock with a Buy rating and a price target of $90, which implies over 27% upside from the last closing price.
Reddit stock climbs after Jefferies initiates coverage with a buy ...
WEB1 day ago · By James Rogers . Jefferies estimates that Reddit's Ebitda will more than double in the next two years to around $450 million . Shares of Reddit Inc. were up 2.6% Wednesday after Jefferies ...
Reddit’s user surge and AI integration set to propel EBITDA …
WEB1 day ago · Jefferies analysts highlighted that user growth accelerated to the highest level in over two years, with user engagement seeing a notable boost—51% in Q2 2024 alone. A key aspect of Jefferies' analysis is Reddit (NYSE:RDDT)’s monetization potential. The analysts point out that Reddit’s revenue per user (ARPU) is significantly lower ...
Reddit Stock Gains After Jefferies Initiates With… - inkl
WEB1 day ago · Jefferies values Reddit's advertising business at $65 per share and its data-licensing business at $25 per share. On the stock market today, Reddit stock is up more than 3% at 73.20 in premarket trades. Shares on Friday broke out above a 69.11 cup-with-handle buy point, as identified by IBD MarketSurge. Reddit …
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