Phillip Securities Downgrades Reddit (RDDT) Rating, Lowers Price Target

On May 6, Phillip Securities downgraded its rating on Reddit Inc. (NYSE: RDDT) from Buy to Accumulate and reduced the price target from $240 to $200 following Q1 results that fell short of expectations.

By Ali Ahmed Thu, May 14, 2026 at 10:59 PM GMT+3 2 min read · Yahoo Finance · May 14, 2026, 19:59 UTC

Phillip Securities Downgrades Reddit (RDDT) Rating, Lowers Price Target

Tickers: $RDDT

Topics: Phillip Securities Price Target Reddit Stock Downgrade

Read the full article at Yahoo Finance

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