Reddit price target raised to $300 from $250 at Argus

Group 1 - Argus raised the price target on Reddit (RDDT) to $300 from $250 while maintaining a Buy rating on the shares [1] - The company has demonstrated an impressive record of growth, with recent results trending positively [1] - Argus believes that Reddit's growth runway is promising, justifying the premium in the near-term and during a bull market [1]