Unity Software (U) received a Buy rating and a $125.00 price target from Wedbush analyst Michael Pachter today. The company’s shares closed last Tuesday at $92.11.
According to TipRanks.com, Pachter is a 4-star analyst with an average return of 2.9% and a 55.4% success rate. Pachter covers the Technology sector, focusing on stocks such as Alphabet Class A, Glu Mobile, and Facebook.
Unity Software has an analyst consensus of Moderate Buy, with a price target consensus of $103.80, implying a 12.4% upside from current levels. In a report issued on October 8, Berenberg Bank also initiated coverage with a Buy rating on the stock with a $105.00 price target.
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Unity Software Inc provides a software platform for creating and operating interactive, real-time 3D content. The platform can be used to create, run and monetize interactive, real-time 2D and 3D content for mobile phones, tablets, PCs, consoles, and augmented and virtual reality devices. The business is spread across the United States, Greater China, the Middle East and Africa, and Asia-Pacific. The products are used in gaming industry, architecture and construction sector, animation industry, and designing sector.
