BMO Capital Maintains Market Perform on UiPath, Raises Price Target to $24
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Keith Bachman has maintained a Market Perform rating on UiPath (NYSE:PATH) and increased the price target from $19 to $24.

December 01, 2023 | 3:30 pm
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BMO Capital has maintained a Market Perform rating on UiPath and raised the price target from $19 to $24, indicating a positive outlook on the stock.
The increase in price target by BMO Capital suggests a more optimistic valuation of UiPath's stock, which could lead to increased investor interest and a potential short-term rise in the stock price. The Market Perform rating indicates that the stock is expected to perform in line with the market, but the raised target price implies that the analyst sees some positive factors that could influence the stock's performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100