Reddit Stock (RDDT) Watch: Weekend Recap, Fresh Analyst Targets, and What to Know Before the Next Market Open
Reddit shares closed Friday at $225.77, little changed after trading between $220 and $226. Options activity spiked around the $230 strike, and Carnegie Investment Counsel disclosed a larger stake in recent filings. Needham maintained its $300 price target, citing advertising and AI data licensing as key drivers. Weekend analyst notes included a “hold” rating from Seeking Alpha.