Wells Fargo analyst Michael Turrin maintained a Hold rating on UiPath (PATH – Research Report) on May 17 and set a price target of $25.00. The company’s shares closed last Friday at $20.41.
Turrin covers the Technology sector, focusing on stocks such as Adobe, Microsoft, and Salesforce. According to TipRanks, Turrin has an average return of -3.3% and a 47.99% success rate on recommended stocks.
Currently, the analyst consensus on UiPath is a Moderate Buy with an average price target of $27.50.
The company has a one-year high of $27.87 and a one-year low of $13.30. Currently, UiPath has an average volume of 7.45M.
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UiPath (PATH) Company Description:
UiPath Inc creates an end-to-end platform that provides automation with user emulation at its core. Its platform is built to be used by employees throughout a company and to address a wide variety of use cases, from simple tasks to long-running, complex business processes. It generates revenue from the sale of licenses for its proprietary software, maintenance and support, and professional services. It generates a majority of the revenues from the US, followed by Romania and the rest of the world.
