After-Hours Stock Movers 05/10: GLOBALFOUNDRIES Gains on Earnings; Unity Software, Coinbase Slammed on Weak Results and Outlook (more...)

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Go back to After-Hours Stock Movers 05/10: GLOBALFOUNDRIES Gains on Earnings; Unity Software, Coinbase Slammed on Weak Results and Outlook (more...)

Unity Software (U) PT Lowered to $54 at Oppenheimer

May 11, 2022 8:29 AM EDT

Oppenheimer analyst Brian Schwartz lowered the price target on Unity Software (NYSE: U) to $54.00 (from $135.00) while maintaining a Outperform rating.

The analyst commented, "Unity delivered in-line 1Q22 results with growth exceeding expectations within the Create and Strategic Partnership segments, partially offset by weaker... More

GlobalFoundries Inc. (GFS) PT Lowered to $70 at Needham & Company

May 11, 2022 8:11 AM EDT

Needham & Company analyst Rajvindra Gill lowered the price target on GlobalFoundries Inc. (NASDAQ: GFS) to $70.00 (from $87.00) while maintaining a Buy rating.

The analyst commented, "GFS posted its third robust beat and raise quarter since going public last October. Impressive metrics included record... More