UiPath Stock (PATH): $57 Price Target From Barclays

By Amit Chowdhry ● Jan 14, 2022
  • The shares of UiPath Inc (NYSE: PATH) have received a $57 price target from Barclays. These are the details.

The shares of UiPath Inc (NYSE: PATH) have received a $57 price target from Barclays. And Barclays analyst Raimo Lenschow reduced the price target on UiPath from $61 while maintaining an “Overweight” rating on the company shares.

Lenschow noted that the main question for software investors this year is not over end-demand as there are no issues there, but the correct valuation level for the space.

“Are we going back to the long-term average, or should software bounce back to the more recent highs given the exciting structural growth profile? We are in the former camp,” wrote Lenschow in a research note via TheFly.

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