BUZZ-Unity Software rises after Jefferies upgrade

Reuters
05/30
BUZZ-Unity Software rises after Jefferies upgrade

** Videogame software provider Unity Software's U.N shares rise 4.9% to $24.95 after Jefferies upgrade

** Brokerage raises rating to 'buy' from 'hold', increases PT to $29 from $22

** Says co's Vector advertising target model improves returns for customers and can drive revenue growth in FY 26 and beyond

** Jefferies says upcoming feature upgrades and management changes add to their confidence

** 15 out of 29 analysts rate stock "buy" or higher, 14 "hold"; Median PT is $25.36 - data compiled by LSEG

** With session's moves, U up 11.2% YTD compared with Dow Jones US Technology Sector .DJUSTC index's decline of 2.4% YTD

(Reporting by Twesha Dikshit)

((Twesha.Dikshit@thomsonreuters.com))

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