UiPath price target raised to $25 from $22 at Mizuho

Mizuho analyst Siti Panigrahi raised the firm’s price target on UiPath to $25 from $22 and keeps a Neutral rating on the shares. The company reported strong Q4 results, delivering a revenue beat and continued progress in improving profitability, the analyst tells investors in a research note. The firm is encouraged by management’s commentary around key customer wins and UiPath’s artificial intelligence opportunity, but it awaits further progress in the comapny meaningfully reaccelerating its growth.