** Shares of social media platform Reddit 
RDDT rise nearly 3% to about $201 in premarket trading
** Raymond James lifts co’s PT to $250 from $225, representing a 28.2% upside on stock’s last close
** “We walk away from recent ad checks incrementally more bullish on the Average Revenue Per User (ARPU) opportunity and thus raise our 2026 estimates and target price,” brokerage says
** Brokerage says it sees Q3 2025 revenue upside scenario of a $50 mln to $60 mln beat vs. estimates of about $544 mln – data compiled by LSEG
** 19 of 28 brokerages rate the stock “buy” or higher, eight “hold” and one “sell”; their median PT is $232.50 – data compiled by LSEG
** As of last close, shares up about 19.3% YTD
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