TD Cowen Raised its UiPath (NYSE:PATH) price target to $20 to maintain its outperform rating

TD Cowen analyst Bryan Bergin will raise his price target on UiPath (NYSE:PATH) to $20 from $18 and maintain an outperform rating on the stock. The analyst said that adjusted operating profit exceeded expectations by 60 as the company performed a solid fourth quarter and financial guidance for 2024 provided a good annual recurring revenue … Read more

Cowen raised Meta Platforms(NASDAQ:META) price target to $190 from $175

TD Cowen analyst John Blackledge described Meta Platforms(NASDAQ:META) raised its price target to $190 from $175 and maintained its “outperform” rating. “They disclosed updates to employees on the company’s 23 efficiency programs; The plan calls for 10,000 job cuts and the elimination of 5,000 open positions, and we updated our model to reflect the new … Read more