Piper Sandler Raises Price Target on Unity Software (U) Stock Amid Strong Business Progress
On June 2, Piper Sandler raised its price target for Unity Software Inc (NYSE:U) to $40 from $35 and assigned an Overweight rating. The firm highlighted strong progress in the company's Grow business segment driven by the Vector AI-powered advertising platform, which contributed to a 24% YoY revenue increase.
Topics: AI Advertising Platform Metaverse Growth Piper Sandler Unity Software