DA Davidson Assumes UiPath Inc. (PATH) at Neutral

DA Davidson analyst Lucky Schreiner assumes coverage on UiPath Inc. (NYSE: PATH) with a Neutral rating and a price target of $12.00 (from $14.00).

The analyst comments: "With this note, we are transitioning coverage of UiPath with a NEUTRAL rating and $12 price target. UiPath reported strong 2Q26 results with a larger than typical ARR beat while providing a better than expected guide sending shares higher after hours. Past go-to-market changes are helping drive pipeline growth and allowing UiPath to land higher quality customers. Customers are experimenting with Agents and management sounds incrementally positive. However, we are waiting to see more consistent execution before getting comfortable with the upside to growth."

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 $10.85 yesterday.

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