RBC Capital raised the firm’s price target on UiPath (PATH) to $16 from $14 and keeps a Sector Perform rating on the shares. The company reported another stable quarter with solid execution and outperformance across metrics, the analyst tells investors in a research note. Restructuring noise is seemingly in the rearview, as management expects continued stability from here, the firm added.
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Read More on PATH:
- UiPath price target raised to $16 from $13 at TD Cowen
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- UiPath’s Stable Performance Amid Competitive Pressures: Hold Rating Maintained
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