Jefferies Upgrades Unity Software: Here's What You Need To Know

Jefferies upgraded its rating of Unity Software U to Hold with a price target of $27.00, changing its price target from $29.00 to $27.00.

Shares of Unity Software are trading up 1.2% over the last 24 hours, at $27.83 per share.

A move to $27.00 would account for a 2.98% decline from the current share price.

About Unity Software

Unity Software Inc provides a software platform for creating and operating interactive, real-time 3D content. The platform can be used to create, run and monetize interactive, real-time 2D and 3D content for mobile phones, tablets, PCs, consoles, and augmented and virtual reality devices. The business is spread across the United States, Greater China, EMEA, APAC and Other Americas, of which key revenue is derived from the EMEA region. The products are used in the gaming industry, architecture and construction sector, animation industry, and designing sector.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.