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UiPath price target lowered to $12 from $15 at Scotiabank

Scotiabank lowered the firm’s price target on UiPath (PATH) to $12 from $15 and keeps a Sector Perform rating on the shares. The firm hesitates to reward the company on its margin upside since mid-term concerns continue to linger around the company’s ability to push into AI, the analyst tells investors.

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