Wedbush Reiterates Outperform on Unity Software, Maintains $55 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Michael Pachter has reiterated an Outperform rating on Unity Software (NYSE:U) and maintained a $55 price target.
October 06, 2023 | 12:26 pm
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POSITIVE IMPACT
Unity Software's stock rating has been reiterated as Outperform by Wedbush, with a maintained price target of $55.
The reiteration of an Outperform rating by a reputable analyst like Michael Pachter from Wedbush is a positive signal for Unity Software. It suggests that the analyst believes the company's stock will outperform the market, which could lead to an increase in the stock's price. The maintained price target of $55 also indicates the analyst's confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100