Stifel raised the firm’s price target on Unity (U) to $28 from $25 and keeps a Buy rating on the shares, stating that results were “ahead of a lower bar set a quarter ago when new CEO Matt Bromberg took the reins.” The firm expects top-line metrics to remain challenged through Q4, but sees “tangible avenues for improvement” heading into 2025 across both the Create and Grow sides of the business, the analyst tells investors.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.