Barclays Maintains Equal-Weight on UiPath, Raises Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow has maintained an Equal-Weight rating on UiPath (NYSE:PATH) and raised the price target from $14 to $15.
September 06, 2024 | 1:25 pm
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POSITIVE IMPACT
Barclays has maintained its Equal-Weight rating on UiPath and increased the price target from $14 to $15, indicating a slightly more positive outlook.
The increase in price target from $14 to $15 by Barclays suggests a slightly more optimistic view on UiPath's future performance. Maintaining the Equal-Weight rating indicates that the analyst sees the stock performing in line with the market. This could lead to a modest positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100