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UiPath price target raised to $16 from $13 at TD Cowen

TD Cowen raised the firm’s price target on UiPath (PATH) to $16 from $13 and keeps a Hold rating on the shares. The firm said they showed good execution on the other side of its restructuring, in both sales and cost rigor, and early agentic solutions pulling through other parts of the platform supported 3Q beats across the board and healthy 4Q view, while Federal escaped shutdown impact.

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