Wedbush Maintains Outperform on Unity Software, Lowers Price Target to $33.5
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Michael Pachter maintains an Outperform rating on Unity Software (NYSE:U) but lowers the price target from $50 to $33.5.

February 27, 2024 | 2:04 pm
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NEGATIVE IMPACT
Wedbush maintains an Outperform rating on Unity Software but lowers the price target from $50 to $33.5.
The reduction in the price target by Wedbush, despite maintaining an Outperform rating, could lead to a negative short-term sentiment among investors. This adjustment reflects a lowered expectation for the stock's performance, which might result in a decrease in its price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100