Wells Fargo Maintains Equal-Weight on UiPath, Raises Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Turrin has maintained an Equal-Weight rating on UiPath (NYSE:PATH) and increased the price target from $18 to $20.
December 01, 2023 | 1:23 pm
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Wells Fargo analyst Michael Turrin maintains an Equal-Weight rating on UiPath and raises the price target from $18 to $20.
The increase in price target by Wells Fargo suggests a positive outlook on UiPath's stock value in the short term. While the Equal-Weight rating indicates that the stock is valued appropriately in the market, the raised target price could lead to increased investor confidence and a potential uptick in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100