Unity’s position to be strengthened by AI marketplace, says Morgan Stanley

Morgan Stanley analyst Matthew Cost made no change to the firm’s Equal Weight rating and $28 price target on shares of Unity. The firm is “constructive” on Unity’s move to scale a marketplace for third party AI tools as part of its leading 3D content engine, and while success here could likely strengthen Unity’s competitive position, the firm sees limited revenue upside in the near-term, the analyst tells investors in a research note.