UiPath price target raised to $13 from $12 at Scotiabank

Scotiabank raised the firm’s price target on UiPath (PATH) to $13 from $12 and keeps a Sector Perform rating on the shares. While revenue and margin upside were positives for Q1, the narrow annual recurring revenue, ARR, beat and unchanged FY26 ARR framework does not instill confidence in any meaningful near-term changes, the analyst tells investors.

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