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Reddit shares rise 7%, hit record as Raymond James raises price target

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Summary
Nutrition label

80% Informative

The social media company's shares reached $ 191 on Tuesday during midday trading, topping a previous high of $ 182 on Jan. 6 .

Raymond James analysts said in a Tuesday note that they would raise their Reddit price target to $ 200 from $ 150 .

The company is planning to attract more users outside its core U.S. market.

VR Score

89

Informative language

94

Neutral language

70

Article tone

semi-formal

Language

English

Language complexity

59

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

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