Needham raised the firm’s price target on Unity (U) to $33 from $26 and keeps a Buy rating on the shares after its Q4 results. The firm is also assigning a higher target multiple on lower estimates for Unity, reflecting a better understanding of the path to improve the Grow business with the launch of Vector, the analyst tells investors in a research note.
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Read More on U:
- Rivian downgraded, Unity upgraded: Wall Street’s top analyst calls
- Unity price target raised to $32 from $26 at Morgan Stanley
- Unity upgraded to Hold from Sell at Benchmark yesterday
- Unity price target raised to $28 from $23 at Jefferies
- Unity Software: Balancing Growth Potential and Uncertainty Amid Strategic Transitions
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