Citigroup Maintains Buy on Unity Software, Lowers Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Jason Bazinet has maintained a Buy rating on Unity Software (NYSE:U) but has lowered the price target from $50 to $38.
February 28, 2024 | 7:03 pm
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Citigroup maintains a Buy rating on Unity Software but lowers the price target from $50 to $38.
The reduction in the price target by Citigroup, despite maintaining a Buy 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 stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100