Unity Software (U) is trading at $45.50 (+3.5%) following a positive analyst initiation from Freedom Capital Markets.

  • Freedom Capital Markets initiated coverage with a 'Buy' rating and a $52 price target, boosting investor sentiment.
  • This follows recent upgrades from Morgan Stanley and others raising targets to $52-55.
  • The rally is supported by broader AI/tech optimism and aligns with modest Nasdaq gains of 0.5%.