BUZZ-Argus Research lifts Reddit's PT

Reuters01-09

BUZZ-Argus Research lifts <a href="https://laohu8.com/S/RDDT">Reddit</a>'s PT

** Argus Research raises PT for RDDT to $300 from $250, implying 18.1% upside to stock's last close

** Brokerage expects RDDT's aggressive spending on R&D to generate growth in average daily users as co gains share in large and fragmented advertising world

** "We believe RDDT's growth runway is promising, justifying the premium, at least in the near term and during a bull market," Argus Research says

** 18 of 27 brokerages recommend "buy" or higher, 8 "hold" and 1 "sell"; stock has median PT of $245 - LSEG-compiled data

** RDDT had gained 40.6% in 2025

(Reporting by Arnav Mishra in Bengaluru)

((Arnav.Mishra@thomsonreuters.com;))

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