UPDATE: Wolfe Research Starts Unity Software (U) at Outperform

August 16, 2022 5:08 PM EDT
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Price: $31.77 -7.73%

Rating Summary:
    14 Buy, 5 Hold, 2 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 11 | Down: 11 | New: 34
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(Updated - August 16, 2022 5:10 PM EDT)

Wolfe Research analyst Gal Munda initiates coverage on Unity Software (NYSE: U) with a Outperform rating and a price target of $70.00.

The analyst comments "Unity is a special asset within our vertical software coverage. Potential to better monetize Create in gaming and continued expansion it in new industries is providing material upside. Cross-sell opportunity to Operate is material, especially if proposed IS merger completes."

For an analyst ratings summary and ratings history on Unity Software click here. For more ratings news on Unity Software click here.

Shares of Unity Software closed at $54.30 yesterday.

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