Wells Fargo Maintains Equal-Weight on UiPath, Raises Price Target to $25
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 $24 to $25.

March 14, 2024 | 12:37 pm
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Wells Fargo analyst Michael Turrin maintains an Equal-Weight rating on UiPath and raises the price target from $24 to $25.
The increase in price target by Wells Fargo suggests a positive outlook on UiPath's stock, potentially leading to a short-term increase in its stock price. The Equal-Weight rating indicates that the stock is expected to perform in line with the market or sector average, but the raised target price signals analyst confidence in the company's potential for growth or improved performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100