Needham Maintains Buy on Unity Software, Lowers Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Bernie McTernan maintains a Buy rating on Unity Software (NYSE:U) but lowers the price target from $31 to $23.

August 09, 2024 | 9:06 pm
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Needham analyst Bernie McTernan maintains a Buy rating on Unity Software but lowers the price target from $31 to $23.
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