Argus Research lifts Reddit's PT
ReutersJan 9, 2026 2:38 PM
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
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