UPDATE: Morgan Stanley Upgrades UiPath Inc. (PATH) to Overweight
Get Alerts PATH Hot Sheet
Rating Summary:
13 Buy, 12 Hold, 1 Sell
Rating Trend: Up
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 13
Join SI Premium – FREE
Morgan Stanley analyst Keith Weiss upgraded UiPath Inc. (NYSE: PATH) from Equalweight to Overweight with a price target of $74.00.
The analyst comments "Strong positioning for a converging Automation Platform play should prove concerns over competition overstated. A 42% pullback since IPO gives investors an entry point into a solid growth story executing well against a >$40B opportunity, trading below peers at 0.42X EV/Sales/Growth. Upgrade to OW."
For an analyst ratings summary and ratings history on UiPath Inc. click here. For more ratings news on UiPath Inc. click here.
Shares of UiPath Inc. closed at $43.27 yesterday.
You May Also Be Interested In
- Keefe, Bruyette & Woods Upgrades Trustmark (TRMK) to Outperform
- Tyler Tech (TYL) PT Raised to $500 at Oppenheimer
- MarineMax (HZO) PT Lowered to $35 at Stifel
Create E-mail Alert Related Categories
Analyst Comments, UpgradesRelated Entities
Morgan Stanley, IPOSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!