Cantor Fitzgerald initiated coverage of Reddit, Inc. (RDDT) on January 8, 2026. Analyst Deepak Mathivanan led the coverage for the social media company.
The firm assigned a 'Neutral' rating to the stock. Cantor Fitzgerald set a price target of $240.00.
This rating offers a more cautious perspective compared to previous, more optimistic historical ratings from other firms. The coverage initiation did not generate a significant, immediate market reaction, according to available reports.