JP Morgan Maintains Overweight on UiPath, Lowers Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Mark Murphy maintains an Overweight rating on UiPath (NYSE:PATH) but lowers the price target from $28 to $19.
May 30, 2024 | 6:48 pm
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JP Morgan analyst Mark Murphy maintains an Overweight rating on UiPath but lowers the price target from $28 to $19.
The lowered price target from $28 to $19 suggests a more cautious outlook on UiPath's future performance, which could negatively impact investor sentiment in the short term despite the maintained Overweight rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100