Morgan Stanley raised its price target on Unity Software from $50.00 to $55.00 in a research report released Tuesday and kept its overweight rating. Raymond James previously upgraded the stock to outperform with a $54.00 target, while according to MarketBeat the consensus rating is 'Moderate Buy' with an average target of $48.01. The stock opened at $43.44 on Tuesday after rising 4.9%, with a market cap of $19.12 billion and a one-year range of $16.78 to $52.15. The latest quarterly results showed EPS of $0.28 against a consensus loss of ($0.11), with revenue of $546.47 million, up 24.0% year-over-year. Over the last ninety days, insiders sold a total of 109,547 shares worth $4,884,202, including CEO Matthew S. Bromberg and COO Alexander Blum.
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