Unity Software gained an analyst upgrade on Friday on the belief the company's new game-developer fees will turn its game engine into a growth engine.
Unity Software Inc. gained an analyst upgrade on Friday on the belief the company’s new game-developer fees will turn its game engine into a growth engine.
Of the 28 analysts who cover Unity, 19 have buy-grade ratings, seven have hold ratings, and two have sell ratings, along with an average price target of $47.15, according to FactSet data. One analyst considered it a “PR disaster,” but saw the upside in the new fees, while shares fell 5.5% Wednesday, and another 3% on Thursday.
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