Morgan Stanley Assumes UiPath at Equal-Weight, Announces Price Target of $15
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Keith Weiss has assumed coverage of UiPath (NYSE:PATH) with an Equal-Weight rating and set a price target of $15.
September 06, 2024 | 1:53 pm
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NEUTRAL IMPACT
Morgan Stanley has assumed coverage of UiPath with an Equal-Weight rating and a price target of $15, indicating a neutral stance on the stock.
The Equal-Weight rating suggests that Morgan Stanley sees UiPath's stock as fairly valued at current levels. The price target of $15 indicates that the analyst does not expect significant upside or downside in the short term. This neutral stance is likely to result in a stable stock price in the near term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100