Unity Software (U) PT Lowered to $50 at Morgan Stanley
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Go back to Unity Software (U) PT Lowered to $50 at Morgan Stanley
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
May 11, 2022 6:54 AM EDT
Goldman Sachs analyst Kash Rangan lowered the price target on Unity Software (NYSE: U) to $57.00 (from $137.00) while maintaining a Buy rating following earnings.
The analyst commented, "Unity is trading down ~25% AH following management's disclosure of internal challenges within its monetization products that are curtailing its ability to meet FY22 FactSet Consensus/ Street expectaions revenue and profitability expectations. While 1Q revenue came... More
