Wells Fargo Maintains Equal-Weight on UiPath, Lowers Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Turrin has maintained an Equal-Weight rating on UiPath (NYSE:PATH) but has lowered the price target from $15 to $13.
October 23, 2024 | 2:16 pm
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Wells Fargo has maintained its Equal-Weight rating on UiPath but reduced the price target from $15 to $13, indicating a more cautious outlook.
The reduction in price target from $15 to $13 by Wells Fargo suggests a less optimistic view on UiPath's short-term performance, which could lead to a negative impact on the stock price.
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