RBC Capital Reiterates Sector Perform on UiPath, Maintains $29 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Matthew Hedberg reiterated a Sector Perform rating on UiPath (NYSE:PATH) and maintained a $29 price target.

April 01, 2024 | 1:53 pm
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NEUTRAL IMPACT
RBC Capital maintains a Sector Perform rating and a $29 price target on UiPath.
The reiteration of the Sector Perform rating and maintenance of the $29 price target by RBC Capital suggests a neutral outlook on UiPath's stock in the short term. This indicates that the analyst believes the stock is fairly valued at its current level, neither undervalued nor overvalued, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 90