UiPath price target lowered to $12 from $14 at RBC Capital

RBC Capital lowered the firm’s price target on UiPath (PATH) to $12 from $14 and keeps a Sector Perform rating on the shares as part of a broader research note previewing Q1 results among Software names. The firm is neutral on the company heading into results, pending signs of greater AI benefits, the analyst tells investors in a research note. UiPath has to demonstrate multiple quarters of consistency and progress in non-seed based pricing, while its job postings also “look negative”, the firm added.

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