Analysts’ Opinions Are Mixed on These Communication Services Stocks: Reddit Inc Class A (RDDT) and Meta Platforms (META)
Analysts have been eager to weigh in on the Communication Services sector with new ratings on Reddit Inc Class A (RDDT) and Meta Platforms (META).
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Reddit Inc Class A (RDDT)
In a report released today, Mark Shmulik from Bernstein maintained a Hold rating on Reddit Inc Class A, with a price target of $190.00. The company’s shares closed last Monday at $124.13.
According to TipRanks.com, Shmulik is a 5-star analyst with an average return of
Currently, the analyst consensus on Reddit Inc Class A is a Moderate Buy with an average price target of $235.77, a 92.5% upside from current levels. In a report issued on March 28, TipRanks – PerPlexity also downgraded the stock to Hold with a $129.00 price target.
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Meta Platforms (META)
In a report released today, Stacy Rasgon from Bernstein maintained a Buy rating on Meta Platforms, with a price target of $900.00. The company’s shares closed last Monday at $536.38.
According to TipRanks.com, Rasgon is a 5-star analyst with an average return of
Meta Platforms has an analyst consensus of Strong Buy, with a price target consensus of $864.33, which is a 61.1% upside from current levels. In a report issued on March 16, Jefferies also maintained a Buy rating on the stock with a $1000.00 price target.
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