Mizuho raised UiPath (NYSE:PATH) price target to $16 and maintain its neutral rating

Mizuho analyst Siti Panigrahi will raise its price target on UiPath (NYSE:PATH) to $16 from $15 and maintain a neutral rating on the stock. The analyst told investors in a research note that the company had strong fourth-quarter results and provided fiscal 2024 growth guidance in line with investors’ daily outlook. The bank is encouraged by the latest results and UiPath’s continued repositioning of the market to businesses.

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