Benchmark Reiterates Sell on Unity Software, Maintains $16 Price Target
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Mike Hickey has reiterated a Sell rating on Unity Software (NYSE:U) and maintained a $16 price target.
May 10, 2024 | 3:46 pm
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Benchmark analyst Mike Hickey reiterated a Sell rating on Unity Software with a $16 price target, indicating a bearish outlook.
The reiteration of a Sell rating by a prominent analyst, along with a maintained price target that suggests a negative outlook, is likely to influence investor sentiment negatively in the short term. This bearish stance, especially if the current market price is above the target, could lead to downward pressure on Unity Software's stock price.
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