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UiPath price target raised to $17 from $15 at Evercore ISI

Evercore ISI raised the firm’s price target on UiPath (PATH) to $17 from $15 and keeps an In Line rating on the shares after the company delivered what the firm describes as “solid” fiscal Q3 results that showcase early momentum in AI and agentic automation. The company surpassed expectations for ARR, revenue and operating margins, while management’s constructive tone highlighted strong customer engagement and expanding deployments, the analyst tells investors in a post-earnings note.

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