Wells Fargo Downgrades UiPath to Equal-Weight, Announces $20 Price Target
Portfolio Pulse from richadhand@benzinga.com
Wells Fargo analyst Michael Turrin downgraded UiPath (NYSE:PATH) from Overweight to Equal-Weight and announced a $20 price target.
June 09, 2023 | 9:58 am
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UiPath (NYSE:PATH) has been downgraded by Wells Fargo from Overweight to Equal-Weight, with a new price target of $20.
The downgrade from Overweight to Equal-Weight by Wells Fargo indicates a less favorable outlook for UiPath's stock. The new price target of $20 suggests a potential downside, which may negatively impact the stock price in the short term.
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