Unity price target lowered to $30 from $37 at Wedbush

Wedbush lowered the firm’s price target on Unity (U) to $30 from $37 and keeps an Outperform rating on the shares. The firm says that Unity’s decent Q4 results were overshadowed by soft Q1 guidance, the still looming perceived AI threat, and a strategy shift that undermines the structure of its business model.

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