RBC Capital Maintains Sector Perform on UiPath, Raises Price Target to $24
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Matthew Hedberg has maintained a 'Sector Perform' rating on UiPath (NYSE:PATH) and increased the price target from $19 to $24.
December 01, 2023 | 5:07 pm
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RBC Capital has maintained a 'Sector 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 RBC Capital suggests a more optimistic valuation of UiPath's stock, which could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100