Barclays Maintains Equal-Weight on UiPath, Raises Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow has maintained an Equal-Weight rating on UiPath (NYSE:PATH) and increased the price target from $21 to $23.
January 12, 2024 | 11:19 am
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Barclays has maintained an Equal-Weight rating on UiPath and raised the price target from $21 to $23, indicating a positive outlook on the stock.
The increase in price target by Barclays reflects a positive sentiment towards UiPath's stock, suggesting that the analyst sees upside potential. This could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100