Morgan Stanley Maintains Equal-Weight on UiPath, Raises Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Keith Weiss has maintained an Equal-Weight rating on UiPath (NYSE:PATH) and increased the price target from $16 to $17.
December 01, 2023 | 2:33 pm
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POSITIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on UiPath and raised the price target to $17, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Keith Weiss from Morgan Stanley suggests a positive sentiment towards UiPath's stock. This could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100