Medium materiality4/10
Bernstein cuts Reddit price target to $120
Why it may matterVerify against the original reporting
The target cut is a bearish analyst signal, though the stated target remains above the posted price.
Public signal · 1-minute delayed
Signal brief
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AI summary
What happened, with direct paths to the underlying reporting
Bernstein lowered its RDDT price target to $120. The posted price was $90.71, so the target remains above the current price, but the target cut is a negative analyst revision.
- Bernstein lowered its RDDT target to $120.
- Posted price: $90.71.
Key facts
- 01
Target: $120
- 02
Posted price: $90.71
- 03
Analyst firm: Bernstein
- 04
Analyst: Mark Shmulik
How to read this signal
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