Truist Doubles Down on Reddit (RDDT): $270 Target and Big AI-Driven Upside

Reddit, Inc. (NYSE:RDDT) is one of the AI Stocks Analysts are Tracking Closely. On November 14, Truist Securities analyst Youssef Squali reiterated a “Buy” rating on the stock with a $270.00 price target. The firm believes that improving engagement, ad efficiency, and margin expansion will continue driving growth for the stock. Truist had an investor group call with the company this month, followed by subsequent investor conversations. The conversations particularly focused on key issues affecting Reddit ...