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$Unity Software (U.US)$ Stiffer: Raise the target price of U...

$Unity Software(U.US)$
Stiffer: Raise the target price of Unity Software (U.N.) to $135 to maintain the buy rating
US-Hong Kong Telecom App, August 11 — Tom Roderick, an analyst at financial services holding company Steffer, raised the target price of Unity Software (U.N.) from $125 to $135, and maintained his buying rating for the stock. Roderick told investors in a research report that Unity announced a revenue increase of 32 million US dollars this quarter, an increase of 63% over the previous year. Among them, the increase in the operating portion boosted revenue growth and escaped the difficult period of last year. The analyst believes that traditional back-to-school season opportunities and broader robustness have allowed its performance to grow and stay on track.
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