Mizuho Maintains Neutral on UiPath, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Siti Panigrahi maintains a Neutral rating on UiPath (NYSE:PATH) but lowers the price target from $25 to $14.
May 30, 2024 | 12:41 pm
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Mizuho analyst Siti Panigrahi maintains a Neutral rating on UiPath but lowers the price target from $25 to $14. This suggests a cautious outlook on the stock's performance.
The lowered price target from $25 to $14 indicates a significant reduction in the analyst's expectations for UiPath's stock performance. This could lead to a negative sentiment among investors, potentially causing a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100