信心增强，摩根士丹利升级，Unity Software上涨

2024-09-03 19:19

Unity Software (NYSE:U) was in the spotlight on Monday as Morgan Stanley upgraded the video game software company, citing increased confidence about its game engine business and competitive position.
Shares rose 5.3% in premarket trading.
Any growth expectations in the future are now derisked, as the cosensus estimate calls for just 6% growth between 2024 and 2027, analyst Matthew Cost wrote in a note to clients.
"...[F]ollowing the cut to '24 guidance at 2Q results we now view forward estimates for U as derisked," Cost added. "From a strategic standpoint, we note that despite its customer relations challenges U's game engine has maintained its 70% market share in mobile and (in our view) proven how deep its moats truly are, as competitors have been unable to gain share at U's expense." Cost raised his rating to Overweight from Equal-Weight and maintained his price $22 price target and $45 bull case target.
Analysts are largely cautious on Unity (U). It has a HOLD rating from Seeking Alpha authors, while Wall Street analysts rate it a HOLD. Conversely, Seeking Alpha's quant system, which consistently beats the market, rates LYFT a SELL.

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