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Wells Fargo has downgraded Reddit (RDDT) to "equal weight" from a previous investment rating of "overweight," citing changes in search traffic trends up ahead as Google ramps up AI search ...
Reddit's slowing user growth, AI search impacts from Google, and overvalued stock raise concerns for future ad revenue.
With Google more aggressively implementing AI features in search, Wells Fargo sees logged-out user declines for Reddit. The firm also expects Reddit’s stock to remain under pressure because of ...
Fintel reports that on December 11, 2024, Wells Fargo initiated coverage of Reddit (NYSE:RDDT) with a Overweight recommendation. Analyst Price Forecast Suggests 23.98% Downside ...
Reddit Inc.‘s board and top executives misled investors about the negative impacts of Google Search’s algorithm and ...
Fintel reports that on May 19, 2025, Wells Fargo downgraded their outlook for Reddit (BIT:1RDDT) from Overweight to Equal-Weight. As of May 6, 2025, the average one-year price target for Reddit is ...
Wells Fargo's Gawrelski holds the only sell-equivalent call for Reddit stock, according to FactSet. There are 17 analysts who rate Reddit a buy or equivalent and 10 who are neutral.
“My scam sense is tingling, although I am aware Wells Fargo did have multiple settlements in recent years,” one former customer wrote in a Reddit post after receiving a check, asking if others ...
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