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Wells Fargo has downgraded Reddit (RDDT) to "equal weight" from a previous investment rating of "overweight," citing changes in search traffic trends up ahead as Google ramps up AI search ...
Reddit (NYSE:RDDT – Get Free Report) had its price target reduced by research analysts at Wells Fargo & Company from $215.00 to $158.00 in a report released on Monday, Benzinga reports.
Fintel reports that on December 11, 2024, Wells Fargo initiated coverage of Reddit (NYSE:RDDT) with a Overweight recommendation. Analyst Price Forecast Suggests 23.98% Downside ...
With Google more aggressively implementing AI features in search, Wells Fargo sees logged-out user declines for Reddit. The firm also expects Reddit’s stock to remain under pressure because of ...
Fintel reports that on May 19, 2025, Wells Fargo downgraded their outlook for Reddit (BIT:1RDDT) from Overweight to Equal-Weight. As of May 6, 2025, the average one-year price target for Reddit is ...
Wells Fargo initiated coverage of Reddit (RDDT) with an Overweight rating and $206 price target The firm says that while the 91% post-Q3 earnings share outperformance reflects optimism following a ...
Wells Fargo raised the firm’s price target on Reddit (RDDT) to $215 from $206 and keeps an Overweight rating on the shares. The firm says that commentary that Q1 U.S. user growth back on track ...