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Wajeeh Khan

SHOCKING: Reddit just scored a new outperform rating what comes next for rddt stock - What They Never Told You

Reddit RDDT Stock Wedbush Uber

Reddit (RDDT) stock received a new “Outperform” rating and $250 price target from Wedbush’s analyst Ygal Arounian on Thursday, with the firm naming it a top mid-cap internet pick based on community engagement strength and AI monetization potential.

Despite the bullish catalyst, Reddit shares tanked about 4% on July 16 as a broader tech sector de-risking overshadowed the positive initiation. Year to date, the stock is down nearly 20%.

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