🟢 RDDT is trading 3% up today after Needham reiterates Buy rating at $300

RDDT is trading at $232.53 (+2.99%) after Needham analyst Laura Martin reiterated a Buy rating with a $300 price target.

• The Buy rating highlights Reddit's positioning in AI search shifts and future growth potential.
• This positive analyst action counters recent insider sales and the current market pullback, with the S&P 500 down 0.42% and Nasdaq down 0.65%.
• No other major news regarding RDDT was reported today.