B of A Securities Maintains Neutral on UiPath, Raises Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Neutral rating on UiPath (NYSE:PATH) while raising its price target from $16 to $18.
September 06, 2024 | 11:32 am
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B of A Securities has maintained a Neutral rating on UiPath but increased the price target from $16 to $18, indicating a slightly more positive outlook.
The increase in price target from $16 to $18 by B of A Securities suggests a slightly more optimistic view on UiPath's future performance, which could positively influence investor sentiment and potentially lead to a short-term price increase. However, the Neutral rating indicates that the analyst does not foresee significant outperformance relative to the market.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100