1 Stock Down 70% That Could Double, According to Wall Street
Shares of Unity Software (NYSE: U) have taken a big beating in the past year, losing 70% of their value thanks to multiple factors such as slowing growth, the broader stock market sell-off, and an expensive valuation that worked against the stock in a bear market scenario. A consensus of 19 analysts covering Unity has a median price target of $40 on the stock, which points toward a 42% upside from current levels. The Street-high price target of $67 would translate into a 139% jump from current levels.