Analyst Expectations for Unity Software's Future
Portfolio Pulse from Benzinga Insights
Unity Software (NYSE:U) has received mixed analyst ratings in the last quarter, with 6 bullish, 2 somewhat bullish, 7 indifferent, and no bearish ratings. The average 12-month price target among 15 analysts is $36.07, with a high of $56.00 and a low of $20.00. This target has decreased by 19.54% from the previous average of $44.83. Analyst ratings are based on financial analysis and are important for traders to consider, though they are not infallible predictions.
November 13, 2023 | 4:00 pm
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Unity Software has a current average analyst price target of $36.07, which is a 19.54% decrease from the previous target. The mixed ratings suggest a cautious outlook from analysts.
The decrease in the average price target for Unity Software indicates a more conservative outlook from analysts, which could lead to a neutral short-term impact on the stock as investors digest the mixed ratings and revised targets. The lack of bearish ratings, however, suggests that the downside may be limited.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100