Reddit Analysts Increase Their Forecasts After Strong Earnings
1. Reddit Q4 revenue at $427.71M beats estimates of $405.26M. 2. Earnings per share at 36 cents exceeds the expected 25 cents. 3. Reddit forecasts Q1 revenue between $360M and $370M, above estimates. 4. Analysts raise price targets: ranges from $185 to $220. 5. Shares rose by 1.3% after earnings announcement.