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UiPath price target raised to $15 from $12 at TD Cowen

TD Cowen raised the firm’s price target on UiPath (PATH) to $15 from $12 and keeps a Hold rating on the shares. The firm said its 1Q performance exceeded expectations while 2Q and revised FY26 outlooks are above Street with revenue and EBIT reflecting healthy outperformance and ARR slightly higher, while adjusted FCF was affirmed.

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