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Unity price target raised to $21 from $19 at BofA

BofA analyst Omar Dessouky raised the firm’s price target on Unity (U) to $21 from $19 and keeps a Neutral rating on the shares after the company pre-announced Q1 results that were better than expected. The ironSource sunset “appeared well anticipated” and the bigger positive was Vector, which grew 15% quarter-over-quarter in Q1 versus about 10% implied by guidance, the analyst tells investors.

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