Citizens maintained its 'Market Outperform' rating and $300 price target for Reddit (RDDT) on Thursday, October 16, 2025. The firm pointed to the company's strong advertising momentum and a pipeline of upcoming product launches as key drivers for expected outperformance. Citizens noted several growth initiatives, including the expansion of Reddit Shopping, the launch of Reddit Max, and plans to make Reddit Answers the default search experience. This positive outlook follows other recent analyst updates, including Truist Securities raising its price target on Reddit to $260.