Piper Sandler raised its price target on Unity Software (NYSE:U) to $43 from $33 and maintained its overweight rating on the stock. The analyst told investors in a research note that tight cost controls coupled with the merger with ironSource helped the company turn a profit for the first time in the fourth quarter. The analyst said Unity’s proposed outlook for 2023 would be 53 percent growth, meaning there aren’t too many issues and even if standalone Unity business declines year-over-year, the median revenue of $2.125 billion seems achievable.