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Stock impact report

Why Unity Software Stock Was Soaring This Week [Yahoo! Finance]

Unity Software Inc. (U) 
Company Research Source: Yahoo! Finance
Although the influential video game engine developer had little news of its own to report, an analyst's new take helped bolster investor sentiment on its business. According to data compiled by S&P Global Market Intelligence , as of early morning Friday Unity stock was up nearly 30% in price week to date. On Wednesday, white-shoe investment bank Morgan Stanley published a new note on the company authored by Matthew Cost. The pundit reiterated his overweight (read: buy) recommendation on the stock, and his $24-per-share price target. Are You Missing The Morning Scoop? Wake up with Breakfast news in your inbox every market day. Sign Up For Free » Cost's latest take on the highly specialized tech company came after a series of investor meetings with CEO Matt Bromberg. According to reports, Bromberg went into some detail about a new advertising model slated to debut in 2025 that will positively affect the company's "grow solutions" business. Additionally, Unity is hard at work dev Show less Read more
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