Stifel Maintains Buy on Unity Software, Lowers Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Parker Lane has maintained a 'Buy' rating on Unity Software (NYSE:U) but lowered the price target from $50 to $40.
October 10, 2023 | 2:20 pm
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NEUTRAL IMPACT
Unity Software's price target has been lowered from $50 to $40 by Stifel, though the 'Buy' rating is maintained.
The news is directly about Unity Software and is likely to impact its stock. The lowering of the price target might create a negative sentiment among investors, but the maintained 'Buy' rating could balance this out, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100