Stifel Maintains Buy on Unity Software, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Parker Lane maintains a Buy rating on Unity Software (NYSE:U) but lowers the price target from $25 to $20.

August 09, 2024 | 12:53 pm
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Stifel analyst Parker Lane maintains a Buy rating on Unity Software but lowers the price target from $25 to $20.
The Buy rating suggests continued confidence in Unity Software's long-term prospects, but the lowered price target indicates some short-term concerns or adjustments in valuation. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100