Barclays lowered the firm’s price target on Unity to $27 from $28 and keeps an Equal Weight rating on the shares post the Q1 report. The shares are likely to remain rangebound until the new CEO comes in and stamps his own strategy and guidance around the turnaround, the analyst tells investors in a research note.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on U:
- Microsoft (NASDAQ:TTWO) Prepares Launch of its Own Mobile Game Store in July
- Unity Software, Inc. Earnings Report: Did it Beat Expectations?
- U Earnings: Unity Falls after EPS Miss
- Options Volatility and Implied Earnings Moves Today, May 09, 2024
- Options Volatility and Implied Earnings Moves This Week, May 06 – May 10, 2024