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With investors debating whether Reddit Inc. (NASDAQ: RDDT ) can protect its traffic and ad engine while reportedly weighing limits on Google’s access to its content, Thursday’s earnings report is a prove-it moment. Reddit stock is building positive momentum. What’s pushing RDDT stock higher? RDDT Earnings Preview: Esti
Reddit Inc (NASDAQ: RDDT ) faces a prove-it moment as it heads into this week’s earnings with investors debating whether tightening control over its content, potentially even limiting Google access, could backfire on traffic and ad demand when it reports Wednesday. Reddit stock is surging to new heights today. Why are
Wells Fargo analyst Alec Brondolo raised the firm's price target on Reddit to $187 from $176 and keeps an Equal Weight rating on the shares. The firm notes Reddit ad checks remained strong in Q2, raising revenue 5% and expecting Q3 revenue guidance slightly ahead of consensus. Wells also points out 3P data suggests use