Unity Software shares are trading higher after B of A Securities upgraded the stock from Neutral to Buy and raised its price target from $46 to $56.
Portfolio Pulse from Benzinga Newsdesk
Bank of America Securities has upgraded Unity Software from Neutral to Buy and raised its price target from $46 to $56. This has resulted in Unity Software's shares trading higher.
September 15, 2023 | 11:33 am
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POSITIVE IMPACT
Unity Software's stock has been upgraded by Bank of America Securities from Neutral to Buy, with a raised price target from $46 to $56. This has led to an increase in the trading price of Unity Software's shares.
The upgrade from Bank of America Securities is a positive signal to investors, indicating increased confidence in Unity Software's performance. The raised price target suggests that the bank expects the stock's value to increase, which can lead to increased demand and higher trading prices.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100