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Major Bank Ratings|KeyBanc Initiates Reddit with "Overweight" Rating and Target Price of $225

Major Bank Ratings|KeyBanc Initiates Reddit with "Overweight" Rating and Target Price of $225

格隆汇格隆汇2026/07/29 15:26
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Glonghui, July 29|KeyBanc initiated coverage on Reddit with an “Overweight” rating and set a target price of $225. KeyBanc pointed out that Reddit’s data is becoming increasingly valuable for large language model training, creating potential catalysts for earnings growth before 2027. KeyBanc also noted that Reddit represents a unique investment target participating in AI growth through a light-asset business model.
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