Goldman Sachs Maintains Neutral on Unity Software, Raises Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Kash Rangan has maintained a Neutral rating on Unity Software (NYSE:U) and increased the price target from $29 to $32.
January 09, 2024 | 1:31 pm
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Goldman Sachs maintains a Neutral rating on Unity Software and raises the price target from $29 to $32.
The increase in price target by a reputable analyst like Goldman Sachs typically signals a positive outlook on the company's valuation, which can lead to investor optimism and a potential short-term increase in the stock price. However, since the rating remains Neutral, the impact may be moderate rather than strong.
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IMPORTANCE 75
RELEVANCE 100