Could Reddit Stock Reach $258?

Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty ImagesSOPA Images/LightRocket via Getty ImagesReddit (RDDT) stock has decreased by 26% over the last month and is now priced at $196.35. Our algorithmic multi-factor analysis indicates that it may be the right moment to acquire additional shares of RDDT stock. Overall, we maintain a positive outlook on the stock, and a target price of $258 seems achievable. We believe there is little to be concerned about in RDDT stock, thanks to its Very ...