Credit Suisse Maintains Outperform on Unity Software, Lowers Price Target to $61
Portfolio Pulse from Benzinga Newsdesk
Credit Suisse analyst Stephen Ju has maintained an 'Outperform' rating on Unity Software (NYSE:U) but lowered the price target from $66 to $61.
August 04, 2023 | 1:04 pm
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Unity Software's price target has been lowered from $66 to $61 by Credit Suisse, though the 'Outperform' rating is maintained.
While the lowering of the price target might initially seem negative, the maintained 'Outperform' rating indicates that Credit Suisse still sees potential in Unity Software. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100