Mizuho Maintains Neutral on UiPath, Raises Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Siti Panigrahi has maintained a Neutral rating on UiPath (NYSE:PATH) but increased the price target from $18 to $22.
December 01, 2023 | 12:12 pm
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POSITIVE IMPACT
Mizuho has raised the price target for UiPath from $18 to $22 while maintaining a Neutral rating.
The increase in price target by Mizuho suggests a positive outlook on the value of UiPath, which could lead to increased investor confidence and a potential short-term rise in the stock price. However, the Neutral rating indicates that the analyst sees the stock as fairly valued at the moment, which tempers the potential impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100