Citizens lowered its Reddit Inc. (RDDT) price target to $250. The firm cites tougher competition for the adjustment.
Truist Securities also lowered its price target earlier this month. DA Davidson initiated coverage with a Buy rating. Piper Sandler and Wells Fargo issued separate outlooks on the stock.
Reddit expects to announce first-quarter 2026 earnings in early May. The stock ended lower on April 21, 2026.