Reddit Stock Surges: Jefferies Boosts Target to $300
Update: 2025-09-10
Description
Reddit's stock price surged 8% after Jefferies raised its price target to $300, citing strong revenue growth and data licensing potential. While Reddit's stock is volatile, this jump, fueled by excitement around AI, marks a new yearly high and a 56% increase year-to-date, turning a $1,000 IPO investment into over $5,000. Is Reddit the next gorilla in the tech market?
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