Oppenheimer Upgrades UiPath Inc. (PATH) to Outperform

Oppenheimer analyst Brian Schwartz upgraded UiPath Inc. (NYSE: PATH) from Perform to Outperform with a price target of $56.00.

The analyst stated "This is a case where UiPath as the RPA market leader should benefit from a strong top-line driver with good business efficiency tools demand this year; at the same time, valuation risk has lessened considerably."

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 $35.26 yesterday.

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