Stifel Maintains Buy on Unity Software, Lowers Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Parker Lane maintains a Buy rating on Unity Software (NYSE:U) but lowers the price target from $35 to $32.
February 27, 2024 | 2:58 pm
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Stifel analyst Parker Lane maintains a Buy rating on Unity Software but lowers the price target from $35 to $32.
While the reduction in price target could suggest a more cautious outlook on Unity Software's short-term price performance, the maintenance of a Buy rating indicates a positive long-term view. The mixed signals could lead to neutral short-term price movement as investors weigh the lowered price target against the continued endorsement.
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