UiPath Inc. (PATH) Tops Q4 EPS by 2c, Guidance Misses Estimates

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UiPath Inc. (PATH) PT Lowered to $40 at Needham & Company

March 31, 2022 6:59 AM EDT

Needham & Company analyst Scott Berg lowered the price target on UiPath Inc. (NYSE: PATH) to $40.00 (from $85.00) while maintaining a Buy rating following Q4 results.

The analyst commented, "PATH reported strong 4QF22 results, with a one point acceleration in ARR growth (+59% Y/Y) to $925mm... More