Top NA Picks Receive Neutral Ratings from Wall Street Analysts

Wall Street analysts are neutral on Western Midstream Partners (WES) and Reddit Inc Class A (RDDT) with Hold ratings. RBC Capital analyst Elvira Scotto maintained a Hold rating on WES with a $39.00 price target, while Bernstein analyst Mark Shmulik maintained a Hold rating on RDDT with a $185.00 price target. The analyst consensus for RDDT is Moderate Buy with a $202.58 average price target.

Wall Street analysts have maintained a neutral stance on Western Midstream Partners (WES) and Reddit Inc. Class A (RDDT) with Hold ratings. RBC Capital analyst Elvira Scotto kept her Hold rating on WES, setting a price target of $39.00, while Bernstein analyst Mark Shmulik maintained a Hold rating on RDDT with a $185.00 price target. The analyst consensus for RDDT is Moderate Buy with an average price target of $202.58.

Western Midstream Partners (WES), a midstream energy company, has seen its shares close at $38.37 last Monday, slightly below RBC Capital's price target of $39.00. RBC Capital's analyst Elvira Scotto, known for her 5-star rating and a 66.9% success rate, covers the North American (NA) sector and has a history of accurate predictions [1].

Reddit Inc. Class A (RDDT), the social media platform, has seen its shares close at $219.73 last Monday, close to its 52-week high of $230.41. Bernstein analyst Mark Shmulik, who has a 78.8% success rate, maintained a Hold rating with a price target of $185.00. Despite the Hold rating, the overall analyst consensus for RDDT is Moderate Buy, reflecting a positive outlook from various investment firms [2].

The investment community's interest in RDDT has been significant, with notable hedge funds and investment firms increasing their stakes. Erste Asset Management GmbH invested approximately $8.62 million in 80,000 shares of RDDT during the first quarter. Other major investors, such as Vanguard Group Inc., JPMorgan Chase & Co., and Cresset Asset Management LLC, have also increased their holdings in RDDT [2].

The recent earnings report for Reddit Inc. showed strong performance, with earnings per share (EPS) of $0.45, beating the consensus estimate of $0.20. The company's revenue for the quarter was $499.63 million, up 77.9% year-over-year. The company's return on equity was 9.93%, and the net margin was 12.97% [2].

In summary, while analysts maintain a neutral stance on WES, the consensus for RDDT is Moderate Buy. The positive earnings report and increasing interest from institutional investors suggest that RDDT may be a promising investment opportunity.

References:
[1] https://www.theglobeandmail.com/investing/markets/stocks/WES/pressreleases/34416430/wall-street-analysts-are-neutral-on-top-na-picks/
[2] https://www.marketbeat.com/instant-alerts/filing-erste-asset-management-gmbh-invests-862-million-in-reddit-inc-rddt-2025-08-21/