Jefferies Upgrades Unity Software to Hold, Lowers Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Andrew Uerkwitz has upgraded Unity Software (NYSE:U) from Underperform to Hold and lowered the price target from $29 to $27.
October 19, 2023 | 1:11 pm
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NEUTRAL IMPACT
Unity Software has been upgraded from Underperform to Hold by Jefferies, but the price target has been lowered from $29 to $27.
The upgrade from Underperform to Hold indicates a more positive outlook on Unity Software by Jefferies. However, the lowering of the price target from $29 to $27 suggests a potential decrease in the stock's value. The net effect on the stock's price is uncertain, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100