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Unity Software Inc (Symbol: U) has seen its shares trade above the average analyst 12-month target price of $39.50, reaching $39.51 per share. This development prompts analysts to consider adjusting their target price due to potential shifts in company fundamentals.
Currently, there are 14 analyst targets for Unity within the Zacks coverage universe, with estimates ranging from $19.00 to $70.00 and a standard deviation of $14.25. As of now, there are 8 strong buy ratings, 1 buy rating, 5 hold ratings, and 1 strong sell rating, yielding an average rating of 2.0 – indicating a generally positive outlook from analysts.
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