BMO Capital Maintains Market Perform on UiPath, Lowers Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Keith Bachman maintains a Market Perform rating on UiPath (NYSE:PATH) and lowers the price target from $20 to $18.
May 25, 2023 | 1:52 pm
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BMO Capital analyst Keith Bachman maintains a Market Perform rating on UiPath and lowers the price target from $20 to $18.
The lowered price target from BMO Capital indicates a less optimistic outlook for UiPath's stock price in the short term. This may lead to a negative impact on the stock price as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100