Reddit (RDDT) PT Lowered to $245 by Citi Citing Market Volatility

Reddit Inc. (NYSE:RDDT) is one of the best upside stocks to invest in right now. On February 9, Citi lowered its price target on Reddit to $245 from $265 and kept a Buy rating, citing recent market volatility following the company’s Q4 2025 report as the reason for the adjustment.

On the same day, Wells Fargo lowered its price target on Reddit to $196 from $207 with an Equal Weight rating. The firm noted that the company delivered a steady beat and raise report in a market that currently has little tolerance for anything less. While Wells Fargo expects the stock to see some relief following recent year-to-date pressure, the firm emphasized that navigating difficult year-over-year comparisons in the second quarter will be critical for a further recovery.

On February 6, Baird lowered its price target on Reddit Inc. (NYSE:RDDT) to $200 from $240 while keeping a Neutral rating. The firm updated its financial model following the company’s strong quarterly results and outlook.

Photo by S O C I A L . C U T on Unsplash

Reddit Inc. (NYSE:RDDT) operates a digital community in the US and internationally. The company’s platform enables users to engage in conversations, explore passions, research new hobbies, and exchange goods & services.

While we acknowledge the potential of RDDT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.