BMO Capital analyst Keith Bachman lowered the firm’s price target on UiPath (PATH) to $11.50 from $16 and keeps a Market Perform rating on the shares. The company had a lackluster quarter, missing reported annual recurring revenue and revenue estimates, while providing disappointing FY26 guidance that is back-end weighted, the analyst tells investors in a research note. The firm further expressed concerns about UiPath’s durable growth rate given growth of various agentic solutions, competitive landscape, and a challenging macro environment, BMO added.
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