Piper Sandler Downgrades Unity Software to Neutral, Lowers Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Brent Bracelin has downgraded Unity Software (NYSE:U) from Overweight to Neutral and lowered the price target from $48 to $30.
October 23, 2023 | 9:13 am
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Unity Software has been downgraded by Piper Sandler from Overweight to Neutral, with a reduced price target of $30, down from $48.
The downgrade from Overweight to Neutral by Piper Sandler, along with a significant reduction in price target, indicates a less optimistic outlook for Unity Software. This could potentially lead to a decrease in the stock's price in the short term.
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IMPORTANCE 80
RELEVANCE 100