DA Davidson Maintains Neutral on UiPath, Lowers Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Gil Luria maintains a Neutral rating on UiPath (NYSE:PATH) but lowers the price target from $24 to $13.
May 30, 2024 | 6:32 pm
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NEGATIVE IMPACT
DA Davidson analyst Gil Luria maintains a Neutral rating on UiPath but significantly lowers the price target from $24 to $13.
The significant reduction in the price target from $24 to $13 suggests a bearish outlook on UiPath's future performance, which is likely to negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100