U - 1 AI Stock to Buy Hand Over Fist Before It Soars 65%
2023-07-05 08:15:00 ET
Shares of Unity Software (NYSE: U) surged more than 15% on June 27 after the company announced a clutch of artificial intelligence (AI) solutions, and some on Wall Street believe the stock still has a lot of room to run.
Based on the estimates of 20 analysts covering Unity, the stock has a median price target of $43, which is where it is trading now following its latest surge. However, the Street-high price target of $66 suggests that Unity stock could surge another 52%.
It wouldn't be surprising to see Unity exceed that price target considering the impressive pace at which it is growing and the catalysts that it is sitting on, especially in AI. Let's take a closer look.
For further details see:
1 AI Stock to Buy Hand Over Fist Before It Soars 65%