rampagearcade| Reddit rose more than 2% and Morgan Stanley said its valuation was reasonable and its user base was expected to grow

"American Post Bar" Reddit(RDDTrampagearcade.US) rose more than 2%rampagearcade, quoted at $40.8. Morgan Stanley covered Reddit for the first time, with a "neutral" rating and a target price of $45. The bank said that as a unique online platform, Reddit's valuation is reasonable. Its user base is expected to grow as the platform improves its Google rankings, platform discoverability, search and recommendation algorithms. Reddit's advertising revenue per user in the United States is still about 74% and 39% lower than Pinterest and Snap, indicating the potential direction.